Question: The given amounts are each specific for the units for example on 3rd of june 150 pieces are purchased from 12 dollars Purchases Date Amount

The given amounts are each specific for the units for example

The given amounts are each specific for the units for example on 3rd of june 150 pieces are purchased from 12 dollars

Purchases Date Amount Price Initial Stock 300 $5 01.06.2020 150 $10 03.06.2020 150 $12 11.06.2020 250 $15 20.06.2020 200 $20 Sales Date Amoun Price t 02.06.2020 250 $100 05.06.2020 100 $14 09.06.2020 150 $20 17.06.2020 200 $25 30.06.2020 250 $30 The inventory of Alfa Corporation is to be assessed for the second quarter of the year. Calculate the cost of goods, inventory and profit and loss of the period according to the perpetual LIFO and FIFO

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