Question: Could you please do it in an excel worksheet? 37. Stuffing Inc. Provided the following data were available for the month of January, 2016: Units

 Could you please do it in an excel worksheet? 37. Stuffing

Could you please do it in an excel worksheet?

37. Stuffing Inc. Provided the following data were available for the month of January, 2016: Units Cost per Unit 200 $5.00 Inventory, January 1 Purchase No. 1 400 5.50 Purchase No. 2 700 6.00 Ending Inventory 800 Sale No. 2 (sold at $13.00 per unit) 500 Required: Create a table to compute the following under both the FIFO and LIFO inventory methods: 1. Beginning inventory 2. Ending inventory 3. Cost of goods available for sale 4. Cost of goods sold 5. Gross profit

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