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Information regarding the inventory of Buster Bluth Corp. for the year ended 12/31/19 is available below: Units Price per Unit Total Dollar Value 80 $4.00
Information regarding the inventory of Buster Bluth Corp. for the year ended 12/31/19 is available below: Units Price per Unit Total Dollar Value 80 $4.00 $320 Beginning inventory Purchase (1/29) Purchase (5/20) 20 $4.25 $85 40 $180 $4.50 $5.00 Purchase (8/20) 50 $250 Purchase (11/13) 30 $6.00 $180 Buster Bluth uses the periodic method and sold 120 units of inventory during 2019 at a sales price of $8.00 per unit. What was Buster Bluth's COGS for 2019 assuming the company uses the FIFO assumption for its inventory accounting
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