date transaction qty price/cost 1-Jan Beg Inv 1700 15 1-Feb Purchase 2700 22 20-Feb sale 3200 37
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Question:
date | transaction | qty | price/cost | ||
1-Jan | Beg Inv | 1700 | 15 | ||
1-Feb | Purchase | 2700 | 22 | ||
20-Feb | sale | 3200 | 37 | ||
2-Apr | purchase | 3700 | 28 | ||
4-Nov | sale | 2900 | 40 | ||
calculate average cost per unit | |||||
Compute COGS assuming periodic system FIFO cost flow | |||||
Compute COGS assuming perpetual system FIFO cost flow | |||||
Compute COGS assuming periodic system LIFO cost flow | |||||
Compute COGS assuming perpetual system LIFO cost flow | |||||
Compute COGS assuming periodic system weighted-average cost flow | |||||
Compute COGS assuming perpetual system weighted-averag cost flow |
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