C84 A x fx B 1 Inventory Costing Methods C D E F C 2 3 4 Date Item Quantity Cost Per Unit Total 5 1-Oct Beginning Inventory 50 $150.00 6 8-Oct Purchase 50 $155.00 7 15-Oct Purchase 55 $160.00 8 22-Oct Purchase 60 $170.00 9 29-Oct Purchase 55 $175.00 COGAS 10 11 12 Sold 250 Units @$210 each 13 Sales 14 15 16 FIFO 17 18 Date Item Quantity Cost Per Unit Total 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 Sales Income Statement Cost of Goods Sold Gross Profit Operating Expenses Net Income Gross Profit % $4,500.00 39 40 41 42 43 44 LIFO 45 Date 40 Hem Quantity Cost Per Unit Total 48 49 Sheet1 Sheet2 Sheet3 Ready