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Date Qty Purchased Qty Sold Cost/unit Qty on hand 1-Nov $40 10 7-Nov 25 $45 35 13-Nov 30 $48 65 18-Nov 16 49 23-Nov 28
Date | Qty Purchased | Qty Sold | Cost/unit | Qty on hand |
1-Nov | $40 | 10 | ||
7-Nov | 25 | $45 | 35 | |
13-Nov | 30 | $48 | 65 | |
18-Nov | 16 | 49 | ||
23-Nov | 28 | $51 | 77 | |
30-Nov | 22 | 55 | ||
Totals | 83 | 38 | 55 |
1. Calculate total COGS for November with FIFO Perpetual method
2. Calculate total COGS for November with LIFO Perpetual method
3. Calculate total COGS for November with Weighted Average Perpetual method
4. Calculate total COGS for November with LIFO Periodic method
5. Calculate total COGS with Weighted Average Periodic method
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