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The units of Manganese Plus available for sale during the year were as follows: Mac. 1 Inventory 23 units 530 $690 June 16 Purchase 31
The units of Manganese Plus available for sale during the year were as follows: Mac. 1 Inventory 23 units 530 $690 June 16 Purchase 31 units 532 992 Nov. 29 Purchase 39 units: $38 1,482 93 units $3,164 There are 11 units of the product in the physical inventory at November 30. The periodic inventory system is used Determine the difference in gross profit between the LIFO and FIFO inventory cast systems. Enter the answer as a postive number FIFO Cost of Goods Suid LIFO Cast of Goods Sold Difference Beginning Inventory, purchases, and sales data for tetinis rackets are as follows: April 3 Inventory 11 Purchase 21 units $13 14 units $16 14 Sale 26 units 21 Purchase 13 units @$17 25 Sale 13 units Complete the inventory cost card assuming the business maintains a perpetual inventory system and determine the cost of goods sold and ending inventory using FIFO Purchases Date Qty. Unit Cost Total Cost Qty. Cost of Goods Sold Unit Cost Total Cost April 3 11 14 21 25 Inventory Unit Cost Total Cost Total Cost of goods sold Ending inventory value Previous Next
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