Date Transaction of units unit cost Totalcost Jan 1 Beginning inventory 59 $ 51 $ 3,009 Apr 7 Purchase 139 53 7,367 Jul 16 Purchase 209 56 11,704 Oct 6 Purchase 119 57 6,783 526 $ 28,863 2 Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available Average Ending Average Cost of Goods Sold Average of units Cost per fof units Cost per of units Cost per unit Inventory unit unit for Sale Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross proft 2 Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available Average Ending Average Cost of Goods Sold Average of units Cost per fof units Cost per of units Cost per unit Inventory unit unit for Sale Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross proft

Question

Date Transaction  of units unit cost Totalcost Jan  1 Beginning inventory 59 $ 51 $ 3,009 Apr  7 Purchase 139 53 7,367 Jul  16 Purchase 209 56 11,704 Oct  6 Purchase 119 57 6,783 526 $ 28,863 2  Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available Average Ending Average Cost of Goods Sold Average   of units   Cost per  fof units Cost per     of units Cost per unit Inventory unit unit for Sale Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross proft 2  Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit LIFO Cost of Goods Available for Sale Cost of Goods Sold Ending Inventory Cost of Goods Available Average Ending Average Cost of Goods Sold Average   of units   Cost per  fof units Cost per     of units Cost per unit Inventory unit unit for Sale Beginning Inventory Purchases Apr 07 Jul 16 Oct 06 Total Sales revenue Gross proft

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Question

Date Transaction #of units unit cost Totalcost Jan. 1 Beginning inventory 59 $ 51 $ 3,009 Apr. 7 Purchase 139 53 7,367 Jul. 16 Purchase

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Jan. 1	Beginning inventory	59	$ 51	$	3,009
Apr. 7	Purchase	139	53		7,367
Jul. 16	Purchase	209	56		11,704
Oct. 6	Purchase	119	57		6,783

		526		$	28,863