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During 2018, Boston Coffee company sells 300 units of inventory for $85 each. The company has the following inventory purchase transactions for 2018 Number of
During 2018, Boston Coffee company sells 300 units of inventory for $85 each. The company has the following inventory purchase transactions for 2018 Number of Units 60 170 180 410 Unit Cost $71 72 74 Total Cost S 4,260 12.240 13,320 $29,820 Date an lay 5 Transaction Beginning inventory Purchase Purchase Nov. 3 Calculate ending inventory and cost of goods sold for 2018 assuming the company uses FIFO with a periodic inventory system
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