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('$) ('$) Unit Total Balance Date Explanation Units Cost Cost in Units Jun-01 Beginning inventory 50 1.0 50 50 Jun-06 Purchase 50 1.2 60 100
('$) | ('$) | ||||||
Unit | Total | Balance | |||||
Date | Explanation | Units | Cost | Cost | in Units | ||
Jun-01 | Beginning inventory | 50 | 1.0 | 50 | 50 | ||
Jun-06 | Purchase | 50 | 1.2 | 60 | 100 | ||
Jun-10 | Sales | 30 | 70 | ||||
Jun-13 | Purchase | 150 | 1.4 | 210 | 220 | ||
Jun-20 | Purchase | 100 | 1.6 | 160 | 320 | ||
Jun-25 | Purchase | 150 | 1.8 | 270 | 470 | ||
Jun-30 | Sales | 240 | 230 |
Round your answer to the nearest dollar. (eg $54.4 ....input as 54 , $54.5 input as 55 )
(do not input comma "," , dollar sign "$" for numerical figures)
FIFO | |
Periodic System | |
COGS | $[A] |
Ending Inventory | $[B] |
Average Cost | |
Periodic System | |
COGS | $[C] |
Ending Inventory | $[D] |
FIFO | |
Perpetual System | |
COGS | $[E] |
Ending Inventory | $[F] |
Average Cost | |
Perpetual System | |
COGS | $[G] |
Ending Inventory | $[H] |
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