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Using the table above, calculate Cost of Goods Sold and Ending Inventory using FIFO Date Beg. Inv. Feb. 4 Feb. 11 Feb. 18 Feb. 21

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Using the table above, calculate Cost of Goods Sold and Ending Inventory using FIFO

Date Beg. Inv. Feb. 4 Feb. 11 Feb. 18 Feb. 21 Feb. 26 Units 500 700 600 Sale of 800 units 1,000 Sale of 1,400 units Cost per unit $10 $11 $13 $15 Total Cost $5,000 $7,700 $7,800 $15,000 Using the table above, calculate Cost of Goods Sold and Ending Inventory using FIFO. Cost of Goods Sold [ Select ] Ending Inventory [ Select ]

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