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Need to Calculate ending inventory, cost of goods sold and gross profit using this. NSTRUCTIONS >pnngercompany naa me T01towqng purchases and sales during April. INSTRUCTIONS:
Need to Calculate ending inventory, cost of goods sold and gross profit using this.
NSTRUCTIONS>pnngercompany naa me T01towqng purchases and sales during April. INSTRUCTIONS: Calculate ending inventory, cost of goods sold and gross profit using: FIFO UFO AVERAGE COST Date FIFO Purchases units purchased first-in first-out cost per unit total' COST OF GOODS SOLD units COST sold per unit total Balance units I-Apr 3-Apr S-Apr 10-Apr 20-Apr 2S-Apr 28-Apr (25 points) (25 pointsj (25 points) Sales Units 2 3 cost per unit total Beginning Inventory Purchases Sales Purchases Sales Purchases Sales TOTALS Ending inventory in units Purchases Units 3 11 (8) Total Unit Cost Purchases 12 25 12 52 10 10 10 Total , sales 30 20 30 80
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