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The information below pertains to Krush Company Inventory. Apr 1 300 $2.40 Apr 3 Sold 200 Apr 10 Purchased 500 S2.50 Apr 12 Sold500 Apr

The information below pertains to Krush Company Inventory.

Apr 1 300 $2.40

Apr 3 Sold 200

Apr 10 Purchased 500 S2.50

Apr 12 Sold500

Apr 14Purchased 400$2.60

Apr 20 Purchased 400 $2.65

Apr 26 Sold 300

Required:

Compute the ending inventory and cost of goods sold under each of the following:

  1. LIFO - PERIODIC
  2. FIFO - PERPETUAL
  3. PERPETUAL Average Cost

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