Question: The following are data available for Blue Grass for the month of June: Calculate cost of goods sold and ending inventory under the following cost

The following are data available for Blue Grass for the month of June:


The following are data available for Blue Grass for the



Calculate cost of goods sold and ending inventory under the following cost flow assumptions:
(a) Weighted average
(b) FIFO
(c) LIFO

1,200 units Sales Beginning inventory Purchases, in chronological order 300 units S2.00 600 units S2.10 400 units S2.20 500 units S2.30

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