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M&M Inventory DATE Color # Units Cost of Unit Total Cost 1 st Red 2 $10 20 3 rd Orange 3 $12 36 5 th
M&M Inventory
| DATE | Color | # Units | Cost of Unit | Total Cost |
| 1st | Red | 2 | $10 | 20 |
| 3rd | Orange | 3 | $12 | 36 |
| 5th | Yellow | 2 | $14 | 28 |
| 6th | SALE #1 | Sold 3 Units | ||
| 8th | Green | 4 | $16 | 64 |
| 10th | Blue | 3 | $18 | 54 |
| 11th | SALE #2 | Sold 4 Units | ||
| 12th | Brown | 3 | $20 | 60 |
| 15th | SALE #3 | Sold 5 Units |
Calculate CoGS for each sale and Ending Inventory under FIFO, LIFO, and Wtd. Avg. Methods
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ISE Business Accounting
Authors: Frank Wood, Alan Sangster
8th Edition
0273638408, 9780273638407
