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Inventory, May 1 Purchase, May 7 Purchase, May 16 5,000 units @ 4.20 =21000 2,500 units @ 4.40 =11000 900 units @ 4.50 = 4050
Inventory, May 1 Purchase, May 7 Purchase, May 16 5,000 units @ 4.20 =21000 2,500 units @ 4.40 =11000 900 units @ 4.50 = 4050 Inventory, May 31 1,300 units Units sold 7100 The value assigned to cost of goods sold if Brocken uses FIFO is
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