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M&M Inventory DATE 1M 3rd Color # Units Red 3 Orange 1 Yellow 5 SALE #1 Sold 3 Units Green 2 32 Blue 2 36

M&M Inventory DATE 1M 3rd Color # Units Red 3 Orange 1 Yellow 5 SALE #1 Sold 3 Units Green 2 32 Blue 2 36 SALE #2 Sold 4 Units 12th Brown 3 $20 60 15th SALE #3 Sold 5 Units Calculate COGS for each sale and Ending Inventory under FIFO, LIFO, and Wtd. Avg. Methods 5th 6th 8th 10th Cost of Unit $10 $12 $14 $16 $18 11th Total Cost 30 12 70

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