120 M O Calculate: COGS End Inventory Using: 1. Moving Average 2. FIFO 3. LIFO (COGS) 1. Moving Average cost (End Inv) 1. Moving-Average Cost Units Cost/Unit Total Units Cost/Unit Total Units Cost/Unit Total Total $ $ 3.00 3.20 $ $ 1,500 3,520 13 Beg Inv 1/1 Purch 4/7 Sales 5/8 Purch 6/30 Purch 12/7 Sales 12/18 End Inv 12/31 500 1,100 (1,500) 400 1,600 (1,200) 900 $ $ 4.00 4.40 15 16 17 18 $ $ 1,600 7,040 $ 13,660 (COGS) First In First Out 2. FIFO (End Inv) Last In Still There LIST Units Cost/Unit Total Units Cost/Unit Total Units Cost/Unit Total Total 29 30 31 Beg Inv Purch 4/7 Purch 6/30 Purch 12/7 500 1,100 400 1,600 3,600 2,700 900 $ $ $ $ 3.00 3.20 4.00 4.40 $ S 5 $ $ 1,500 3,520 1,600 7,040 13,660 Available 12 4 77/ Sales End Inv (COGS) Last In First Out 3. LIFO (End Inv) First In Still There FIST Units Cost/Unit Total Units Cost/Unit Total Units Cost/Unit Total Total 46 Beg Inv Purch 4/7 Purch 6/30 Purch 12/7 500 1,100 400 1,600 3,600 2,700 900 $ $ $ $ 3.00 3.20 4.00 4.40 $ S 5 $ $ 1,500 3.520 1,600 7,040 13,660 48 Available 131 Sum/3 49 50 51 Sales End Inv Blank