Question: Problem 4 : Inventory In its first month of operation, Bossier Corporation purchased the following inventory available for sale: table [ [ , Quantity,Price

Problem 4: Inventory
In its first month of operation, Bossier Corporation purchased the following inventory available for sale:
\table[[,Quantity,Price per Unit],[Day 1,5,000,$,6.50],[Day 5,6,000,$,8.00],[Day 8,4,000,$,8.25],[Total,15,000,,]]
The company sold 8,000 units during the first month.
Required:
Calculate the dollar value of cost of goods sold, ending inventory and goods available for sale for each of the following cost flow assumptions:
\table[[,LIFO,FIFO,\table[[Weighted],[Average]]],[Ending Inventory,,,],[Cost of Goods Sold,,,],[Goods Available for Sale,,,]]
 Problem 4: Inventory In its first month of operation, Bossier Corporation

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