Question: Description Units Unit Cost Total Cost Beginning Inventory 10 4,000 40,000 March Purchase 18 4,400 49,200 June Purchase 8 5,000 40,000 October Purchase 12 6,000

Description Units Unit Cost Total Cost Beginning Inventory 10 4,000 40,000 March Purchase 18 4,400 49,200 June Purchase 8 5,000 40,000 October Purchase 12 6,000 72,000 Total Pacemaker stock 48 Inventory used throughout the year: 28 Pacemakers in stock on December 31 20

What is the cost of the Pacemakers in stock at the end of December using:

FIFO

LIFO

Weighted Average Cost

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