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For requirement #1, not sure how to type the formula under units sold for October 22nd. The rest of the tables I do not understand
For requirement #1, not sure how to type the formula under units sold for October 22nd. The rest of the tables I do not understand at all.
Requirement 2: Cost of Goods Sold and Ending Inventory under LIFO (Use cells A2 to E12 from the given information above to complete this question. To calculate the number of units sold within each batch, use the MIN function.) (Use cells A2 to E12 from the given information above to complete this question. All values should be input and displayed as positive amounts.) (b) Calculate cost of goods sold and ending inventory using the weighted-average method. (Use cells A2 to E12 from the given information above to complete this question. In your formula, use cell B44 for the weighted-average unit cost.) (Use cells A2 to E12 from the given information above to complete this question. To calculate the number of units sold within each batch, use the MIN function.) \begin{tabular}{|l|} \hline A company provides the following inventory records. \\ \hline Number of units sold = \\ \hline Selling price per unit = \end{tabular} 1. Based on the information given above, calculate cost of goods sold and ending inventory using the FIFO method. 2. Calculate cost of goods sold and ending inventory using the LIFO method. 3. Calculate cost of goods sold and ending inventory using the Weighted Average MethodStep by Step Solution
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