Question: how do i get the average cost Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per

how do i get the average cost
Determine the cost assigned to ending inventory and to cost of goods

Determine the cost assigned to ending inventory and to cost of goods sold using FIFO. (Round cost per unit to 2 decimal places.) Perpetual FIFO: Date January 1 January 10 January 20 January 25 January 30 Totals Goods Purchased Cost of Goods Sold Inventory Balance Cost per units 1709 @ 3409 @ # of units sold 170 e 13.50 30 30 13.00 cost per unit 23.50 14.50 13.50 Cost Of Goods Sold 3,995.00 $ 43500 405.00 84000 4,835.00 # of units 220 50 15 140 0 340 Cost per 14.50 14.50 14.50 13.50 14.50 13.50 14.50 13.50 13.00 Inventory Balance 3,190.00 $ 725.00 $ 435.00 675.00 1,110.00 s 217.50 $ 217.50 1 ,890.oo 4,420.00 6,310.00

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