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Packet Exercise 21 COGS TIFO Ending Inventory Win Total Cow Inventory Cost Total Cost sold Unn Inventory information Purchased Total Dutch Date We Sold Unit

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Packet Exercise 21 COGS TIFO Ending Inventory Win Total Cow Inventory Cost Total Cost sold Unn Inventory information Purchased Total Dutch Date We Sold Unit cost COLE Beg. Inventory 1/5/2021 5 purchased 32.50 12.50 1/10/2021 8 purchased 53.00 5 24.00 1/35/2001 purchased $ 3.05 32.40 1/20/2021 10 purchased S 3.75 3 37.50 1/25/2021 231 sold und Sventory 5 106.40 S2.50 $ 3,00 $ 3.60 $ 3.75 2.50 $3.00 $ 3.0 5 Total COGS Inventory Information Purchased/ #les Sold it cost LIFO Ending inventory #in Total Contentory Cost Total com 87 Total batch cost sold Unit Date Beg Inventory 1/5/2021 1/10/2021 1/15/2021 1/20/2021 1/25/2021 End Inventory 5 purchased $2.50 S 12.50 8 purchased $3.00 S 24.00 9 purchased $3.60 $ 32.40 10 purchased $ 3.75 $ 37.50 (23) sold 9 $106.40 5 2.50 $ 3,00 $ 3.60 5 375 2.50 $ 3.00 $ 3.50 5 3.75 Total Total Questions 1) What is the cost of Goods Available for Sale? 2) Identify the COGS and Ending Inventory amounts for FIFO and LFO. Which method produces the largest come 31 Would COGS and El costs be different at the sales were made during the month instead of at the end of the monah

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