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The following information is available for Goode Company: table [ [ May 1 , Beginning inventory, 1 8 units @ $ 4 per unit
The following information is available for Goode Company:
tableMay Beginning inventory, units @ $ per unitMay Purchase, units @ $ per unitMay Sale, unitsMay Purchase, units @ $ per unitMay Sale, units
Required:
Answer the following questions for Goode Company:
a If perpetual FIFO is used, what is the total ending inventory in dollars?
$
b If perpetual LIFO is used, what is the cost of goods sold for the month?
$
c If weighted average is used, what is the ending inventory? Do not round intermediate calculations. Round your final answer to two decimal places.
$
d If moving average is used, what is the cost per unit sold for the May sale? Round your answer to two decimal places.
$
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