Question: F G I A B C D E 1 Shown below is activity for one of the products of Staples: 2 3 Sales #Units $

F G I A B C D E 1 Shown below is activity for one of the products of Staples: 2 3 Sales #Units $ per Unit 4 5 Purchases # Units S per Unit 1-Jan 500 55 10-Jan 500 60 12-Jan 20-Jan 1000 63 6 800 75 7 8 9 28-Jan 750 80 10 11 Instructions: Compute the ending inventory, cost of goods available for sale, cost of goods sold in both units and dollars and the Gross Profit assuming the company uses the perpetual Lifo 12 and perpetual fifo methods. Show all calculations for full credit. 13 14 15
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