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Jan. 1 - On hand, 10 units at $20 each Purchases Sales Jan. 8 25 units at $23 each Jan. 4 8 units @ $75
Jan. 1 - On hand, 10 units at $20 each
| Purchases | Sales | ||
|---|---|---|---|
| Jan. 8 | 25 units at $23 each | Jan. 4 | 8 units @ $75 each |
| 22 | 50 units at $26 each | 15 | 20 units @ $75 each |
| 28 | 15 units at $29 each | 26 | 52 units @ $75 each |
Calculate the companys Cost of Goods Sold using Periodic FIFO for the month of January.
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Financial Ratios Analysis Guide A Step By Step Guide To Balance Sheet And Profit And Loss Statement Analysis
Authors: Meir Liraz
1st Edition
1695164741, 978-1695164741
