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The following inventory details of XXL company Date Description January 1, 2018 Opening inventory February 10, 2018 Purchases March 5, 2018 Sales Abril 15, 2018
The following inventory details of XXL company Date Description January 1, 2018 Opening inventory February 10, 2018 Purchases March 5, 2018 Sales Abril 15, 2018 Purchases Units Cost 10 $10 20 $15 25 30 $20 20 December 10, 2018 Sales By Perpetual Inventory System, calculate: Cost of Goods Sold and Cost of Ending Inventory under a) FIFO b) LIFO
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