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Ex. 11 a Using a Periodic Inventory System and FIFO calculate the Ending Inventory and Cost of Goods sold Date 1-Mar 7-Mar 8-Mar 18-Mar Beginning

Ex. 11 a Using a Periodic Inventory System and FIFO calculate the Ending Inventory and Cost of Goods sold Date 1-Mar 7-Mar 8-Mar 18-Mar Beginning Inventory Purchase Sale Purchase Purchase Sale Sale Purchase Units Price 900 $ 8.00 800 9.00 1,200 1,000 10.00 700 11.00 900 200 600 12.00 19-Mar 20-Mar 28-Mar 30-Mar

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