Question: Date Jan 1 Apr 15 Aug 24 Nov 27 Oklahoma Furniture Company Furnitures Explanations Units Unit Cost Beginning Inventory 160 $10 Purchase 240 11 Purchase

Date Jan 1 Apr 15 Aug 24 Nov 27 Oklahoma Furniture Company Furnitures Explanations Units Unit Cost Beginning Inventory 160 $10 Purchase 240 11 Purchase 350 12 Purchase 470 13 Total Units Available for sale 600 units of inventory were sold during that year. Please determine the following a. Units of ending inventory? b. The value of ending inventory and the cost of goods sold using cost flow assumptions a. FIFO LIFO Average cost

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