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Required: Calculate ending inventory and cost of goods sold using the FIFO, LIFO, and average cost methods Date sept. 20 Description Beginning inventory sales purchase

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Required: Calculate ending inventory and cost of goods sold using the FIFO, LIFO, and average cost methods

Date sept. 20 Description Beginning inventory sales purchase units Purchased at Cost 400 units @ $12 600 units eoc units at Units Sold at Retail 620 units $24 Assume Tyler uses a perpetual inventor-y system. Caiculate ending 'nventory and cost of goods sold using the FIFO. LtFO, and average cost method'. Cost Cost of goods Ending inventory 7,880 8,640 16, soo V x

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