The following data was obtained from the inventory records of Zachary Company for the month of April: April 1 Beginning inventory 2,000 units @ $ 2 each April 8 Purchased 1,000 units @ $ 3 each April 12 Purchased 300 units @ $ 4 each April 22 Purchased 500 units @ $ 5 each April 30 Sold 1,600 units Required: Calculate the cost of goods sold on April 30, using a. LIFO valuation method b. FIFO valuation method c. Weighted-average valuation method

Each problem properly identified Problem 2 The following data was obtained from the inventory records of Zachary Company for the month of April: April 1 Beginning inventory 2,000 units @ $ 2 each April 8 Purchased 1,000 units @ $ 3 each April 12 Purchased 300 units @ $ 4 each April 22 Purchased 500 units @ $ 5 each April 30 Sold 1,600 units Required: Calculate the cost of goods sold on April 30, using a. LIFO valuation method b. FIFO valuation method c. Weighted-average valuation method My home Site pages Site blogs Site badges Tags Calendar Site news My profile View profile Forum posts Posts Discussions Blogs View all of my entries Add a new entry Blog RSS feed Messages My private files My badges Current course ACCT620011501 Participants Course blogs Hana Getachew View profile Forum posts Posts Discussions Blogs View all of my entries Add a new entry Blog RSS feed Messages My private files My badges Badges Course badges General Objectives Week 4 Lecture: Chapter 8 Week 4 Lecture: Chapter 6 Week 4 Lecture: Chapter 7 Discussion Forum ACCT 620 Midterm - Part 1 ACCT 620 Midterm - Part 2A ACCT 620 Midterm - Part 2B My courses Skip Administration ADMINISTRATION Course administration Grades Edit profile Change password Security keys Messaging Blogs Preferences External blogs Register an external blog Badges Preferences Backpack settings Skip School Resources SCHOOL RESOURCES Student Moodle Orientation BigBlueButton Orientation Library Access Bookstore Access Graduate Loans You are logged in as Hana Getachew (Log out)