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Inventory, March 1 110 units @ $4.20 Purchase, March 7 350 units @ $4.40 Purchase, March 16 70 units @ $4.50 Purchase March 30 80
Inventory, March 1 110 units @ $4.20
Purchase, March 7 350 units @ $4.40
Purchase, March 16 70 units @ $4.50
Purchase March 30 80 units @ $4.55
485 units were sold during March.
What is the ending invemtory using LIFO?
What is the ending ending inventory using FIFO?
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