Use the First in, first out method to find the cost of goods sold and the cost of ending inventory using the table from Exercise 1 and the fact that the ending inventory is 96 units In Exercise 1 Units Cost per Total Beginning inventory 182 78 39 52 Cost of goods available for sale Date of purchase...

Number of units sold 351 96 255 ...

Use the First-in, first-out method to find the cost of goods sold and the cost of ending

Question:

Use the First-in, first-out method to find the cost of goods sold and the cost of using the table from Exercise 1 and the fact that the is 96 units.
In Exercise 1

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...