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VII. Simple FIFO, LIFO, and weighted-average calculations (6) The following information is available for Emporia Co. for June of 2018: June 1 June 9 June
VII. Simple FIFO, LIFO, and weighted-average calculations (6) The following information is available for Emporia Co. for June of 2018: June 1 June 9 June 18 June 28 Beginning inventory was 10 units @ $18. Purchased 12 units @ $20. Purchased 8 units @ $24. Sold 17 units @ $35. Required 1.Calculate the company's cost of goods sold and ending inventory under the FIFO method. 2.Calculate the company's cost of goods sold and ending inventory under the LIFO method. 3.Calculate the company's cost of goods sold and ending inventory under the weighted average method. Forms for Requirement 2 Creier Company Income Statement For the Varaded December 31, Reven Expo Net income Crozier Company Statement of Changes in Stockholders' Equity For the Year Ended December 31, 2018 Plastvestments by users Beginning and Plus New Less Dividende Finding Redmi Totally Crozier Company Sale Sheet As of December 3, IN Aucts Can Acom Supplies TINH Land Total Lilities Accounts payable Wapes payable Uremmede Total Scheday C Stock Red Emin Totality Total sud quity
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