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Che Date Units Unit Cost Total Cost $ 1,144 8 $143 Transactions Beginning inventory Sale ($140 each) Purchase Sale ($155 each) Purchase Sale ($165 each)
Che Date Units Unit Cost Total Cost $ 1,144 8 $143 Transactions Beginning inventory Sale ($140 each) Purchase Sale ($155 each) Purchase Sale ($165 each) Purchase 133 August 1 August 4 August 11 August 13 August 20 August 26 August 29 1,330 5 10 8 10 123 1,230 11 10 113 1,130 4,834 $ For the specific identification method, the August 4 sale consists of rackets from beginning inventory, the August 13 sale consists of rackets from the August 11 purchase, and the August 26 sale consists of one racket from beginning inventory and 10 rackets from the August 20 purchase. Problem 6-2B Part 2 2. Using FIFO, calculate ending inventory and cost of goods sold at August 31. Ending inventory Cost of goods sold
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