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Periodic Inventory Units Price Beginning Inventory 100 50 1st Purchase 100 60 2nd Purchase 100 70 3rd Purchase 100 80 Ending Inventory 150 What is
Periodic Inventory | ||||
Units | Price | |||
Beginning Inventory | 100 | 50 | ||
1st Purchase | 100 | 60 | ||
2nd Purchase | 100 | 70 | ||
3rd Purchase | 100 | 80 | ||
Ending Inventory | 150 | |||
What is COGS using average cost? FIFO? LIFO? |
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