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Date June 1 (a) 12 23 30 Explanation Inventory Purchase Ending inventory Purchase Inventory Cost of goods sold tA Units $ 360 840 1,200 448
Date June 1 (a) 12 23 30 Explanation Inventory Purchase Ending inventory Purchase Inventory Cost of goods sold tA Units $ 360 840 1,200 448 Unit Cost FIFO $8 9 10 Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO, and (3) average-cost. (Round average cost per unit to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 2,520.) Total Cost $2,880 7,560 12,000 $ tA LIFO LA SA AVERAGE-COST
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