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inventory and 410 $19 $7,790 510 19.5 9,945 210 20.5 4,305 320 21 6,720 920 22.5 20,700 780 23 17,940 24 4,800 700 25 17,500

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inventory and 410 $19 $7,790 510 19.5 9,945 210 20.5 4,305 320 21 6,720 920 22.5 20,700 780 23 17,940 24 4,800 700 25 17,500 89,700 5 October 18 November 25 January 12, 20-2 March 17 June 2 August 21 September 27 1st purchase 2nd purchase 3rd purchase 4th purchase 5th purchase 6th purchase 7th purchase 200 4,050 There are 1,300 units of inventory on hand on September 30, 20-2. of these 1.300 units 100 are from October 18, 20-1 200 are from January 12, 20-2 100 are from March 17 400 are from June 2 200 are from August 21 1st purchase 3rd purchase 4th purchase 5th purchase 6th purchase 7th purchase Required: be total amount to be assigned to cost of goods sold for the fiscal year ended September 30. 20-2, and ending inventory on Sept verage unit cost to two Cost of Goods Sold Cost of Ending Inventory 1. FIFO

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