Question: Part 2 Find the COGS and ending inventory for the following purchases in FIFO, LIF Ending inventory was 500 units 1-Jan Beginning Inventory 5-Mar Purchase

Part 2 Find the COGS and ending inventory for the following purchases in FIFO, LIF Ending inventory was 500 units 1-Jan Beginning Inventory 5-Mar Purchase 2-Jun Purchase 8-Jul Purchase 6-Sep Purchase 5-Nov Purchase Units Cost 150 250 100 200 100 350 1150 10 9 11 10 12 10 1500 2250 1100 2000 1200 3500 11550

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