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The answers are correct, I only need the average cost for both cost of goods sold and ending inventory. Calculate cost of goods sold and
The answers are correct, I only need the average cost for both cost of goods sold and ending inventory.
Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 33 units in ending inventory. (Do not round intermediate calculations, such as average cost per unit values. Round your answers to the nearest cent.) Date January 1 April 1 June 1 September 1 Total Cost Units purchased per unit 54 $6.60 49 5.85 5.60 6.10 226 Total cost $ 356.40 286.65 358.40 359.90 $1,361.35 64 59 FIFO $ Cost of goods sold 1,160.05 1,143.55 T Ending inventory $ 201.30 $ 217.80 $ LIFO Average costStep by Step Solution
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