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The accounting records of Hunton Ltd. show the following data: Apr. 1 Beginning inventory 5,000 units at $3.00 12 Purchases 8,000 units at $4.00 15
The accounting records of Hunton Ltd. show the following data: Apr. 1 Beginning inventory 5,000 units at $3.00 12 Purchases 8,000 units at $4.00 15 Sales 11,000 units at $9.00 22 Purchases 7,000 units at $5.50 26 Sales 6,000 units at $9.00 Calculate the number of Units in Ending Inventory using FIFO. Calculate the Value of Ending Inventory using FIFO. Calculate the Value of COGS for the period using FIFO
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