Find using FIFO and average cost both a) cost of goods sold b) ending inventory Bridgeport-Mart Centre

Find using FIFO and average cost botha) cost of goods soldb) ending inventory

Transcribed Image Text:

Bridgeport-Mart Centre Inc. opened for business on May 1, and uses a perpetual inventory system. During May, the company had th following purchases and sales for one of its products: Purchases Sales Date Units Unit Cost Units Unit Price May 1 120 $100 80 $245 8. 100 110 13 80 269 15 116 20 60 294 40 319 27 60 Bridgeport-Mart Centre Inc. opened for business on May 1, and uses a perpetual inventory system. During May, the company had th following purchases and sales for one of its products: Purchases Sales Date Units Unit Cost Units Unit Price May 1 120 $100 80 $245 8. 100 110 13 80 269 15 116 20 60 294 40 319 27 60

Answer rating: 100% (QA)

find usng fi Po and avene Cot b Eadin luvaty a Cort cq g... View the full answer