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The following transactions occurred for the month: 90,000 units were sold at $20 each. Units Cost Total Beginning Balance 15000 $10 Purchase 1 20000 $12

The following transactions occurred for the month: 90,000 units were sold at $20 each. Units Cost Total Beginning Balance 15000 $10 Purchase 1 20000 $12 Purchase 2 27000 $14 Purchase 3 38000 $16 Weighted Average Unit Cost: $ LIFO: Sales $ Less: Cost of Goods Sold $ Gross Profit $ Ending Inventory $

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