Question
Eastland Company reports the following for the month of June. Date Explanation Units Unit cost Total cost Jun-01 Inventory 252 4 1,008 12 Purchase 378
Eastland Company reports the following for the month of June.
| Date | Explanation | Units | Unit cost | Total cost |
| Jun-01 | Inventory | 252 | 4 | 1,008 |
| 12 | Purchase | 378 | 9 | 3,402 |
| 23 | Purchase | 630 | 12 | 7,560 |
| 30 | Inventory | 202 |
Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.
Do not copy from Chegg, otherwise, I have to report the answer.
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Operations Management Sustainability And Supply Chain Management
Authors: Jay Heizer, Barry Render, Chuck Munson
13th Global Edition
1292295031, 978-1292295039
