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View Policies Current Attempt in Progress Ivanhoe Company uses a perpetual inventory system and reports the following inventory transactions for the month of Ju Units
View Policies Current Attempt in Progress Ivanhoe Company uses a perpetual inventory system and reports the following inventory transactions for the month of Ju Units 150 230 (250) 490 Unit Cost $13.00 14.75 Total Cost $1.950.00 3,392.50 July 1 Inventory 12 Purchases 20 Sale 28 Purchases 16.00 7,840.00 Calculate the cost of goods sold and ending inventory under (1) FIFO and (2) weighted average (Round the weighted ave to two decimal places, es. 5.27 and final answers to 2 decimal places. e... 5.275.75.) FIFO Weighted average $ $ Cost of goods sold S $ Ending inventory e Textbook and Media
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