Question: hello please help me solve this problem I had a tutor help me out yesterday but it wasn't right the numbers for FIFO and LIFO
hello please help me solve this problem I had a tutor help me out yesterday but it wasn't right the numbers for FIFO and LIFO and the ending
| r both FIFO and LIFO, calculate the sum of ending inventory and cost of goods sold. I Need this within the next hours. thanks | |||
| FIFO | LIFO | ||
| The sum of ending inventory and cost of goods sold | $ | $ | |
|

Your answer is incorrect. Try again. Tri-State Bank and Trust is considering giving Josef Compa 1 2 3 4 5 Josef shipped goods costing $36,80 The physical count of the inventory Josef received goods costing $30,40 Josef shipped goods costing $44,20 Josef received goods costing $45,40 Determine the correct inventory amount on December 31 Correct inventory $ ect. Try again. dering giving Josef Company a loan. Before doing so, management decides that further discussions with Josef's accountant may be des ped goods costing $36,800 to Sorci Company, FOB shipping point, on December 28. The goods are not expected to arrive at Sorci until cal count of the inventory did not include goods costing $98,100 that were shipped to Josef FOB destination on December 27 and were ived goods costing $30,400 on January 2. The goods were shipped FOB shipping point on December 26 by Solita Co. The goods were n ped goods costing $44,200 to Natali Co., FOB destination, on December 30. The goods were received at Natali on January 8. They were ived goods costing $45,400 on January 2 that were shipped FOB destination on December 29. The shipment was a rush order that was y amount on December 31. 's accountant may be desirable. One area of particular concern is the inventory account, which has a year-end balance of $332,800. Dis ed to arrive at Sorci until January 12. The goods were not included in the physical inventory because they were not in the warehouse. n December 27 and were still in transit at year-end. lita Co. The goods were not included in the physical count. i on January 8. They were not included in Josef's physical inventory. was a rush order that was supposed to arrive December 31. This purchase was included in the ending inventory of $332,800. d balance of $332,800. Discussions with the accountant reveal the following. re not in the warehouse. ry of $332,800
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