Question: Question 2 10 pts Using the FIFO method, what is the cost of goods sold? Cost Per Unit Total Cost $12 $180 Units Date Source
Question 2 10 pts Using the FIFO method, what is the cost of goods sold? Cost Per Unit Total Cost $12 $180 Units Date Source Purchased 1/1/2011 Beginning 15 Inventory 2/1/2011 Purchase 10 3/1/2011 Purchase 20 Total Goods Available for Sale 45 Units sold 30 $13 $130 $14 $280 $590 $25 $410 $380 5590 $400 O $393
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