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.Metro Mart Co. sells one product. Presented below is information for January 2023 for Metro. Date : 1/1 - Inventory: 100 units at $5 each,
.Metro Mart Co. sells one product. Presented below is information for January 2023 for Metro. Date : 1/1 - Inventory: 100 units at $5 each, 1/11 - Purchase: 150 units at $6 each, 1/13 - Sales: 120 units at $8.50 each, 1/20 - Purchase: 150 units at $7 each, 1/27 - Sales: 100 units at $9 each
Compute the following costs: 4)Cost of ending inventory under moving average (perpetual)
5) Cost of goods sold under FIFO (perpetual).
6) Cost of goods sold under LIFO (perpetual).
** please show work and explain thank you !
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