Question: Calculate COGS and Ending Inventory using FIFO LIFO and average method using perpetual Cost per Units Total cost unit Beginning Inventory 26 97 2,522 Purchase

Calculate COGS and Ending Inventory using FIFO LIFO and average method using perpetual
Cost per Units Total cost unit Beginning Inventory 26 97 2,522 Purchase 45 100 4,500 Sold 15 Purchase 20 104 2,080 Purchase 50 105 5,250 Sold 60 Purchase 30 108 3,240 Sold 50
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
