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Each of the following cases is independent. Use the FIFO method for Cases A, B and C, and the Weighted-Average Method for Case D, E
Each of the following cases is independent. Use the FIFO method for Cases A, B and C, and the Weighted-Average Method for Case D, E and F. Unit Cost $6 Beginning Current Transferred Inventory Cost Out Cost A $5,000 $44,000 B $30,000 35,000 18,000 45,000 D 20,000 30,000 E 30,000 F 40,000 60,000 80,000 Ending Equivalent Inventory Units $6,000 28,000 10,000 11,000 10,000 25,000 10,000 20,000 15 5 7
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