Question: What will be COGS if the company is using FIFO method. table [ [ Date of purchase,Units,Unit Cost ] , [ table [

What will be COGS if the company is using FIFO method.

\

table

[[

Date of purchase,Units,Unit Cost

], [\

table

[[

Beginning

], [

Inventory

]], 100, 3], [31^{s t}

Jan,

100, 2], [20^{t h}

March,

100, 4], [\

table

[[

No of units Sold

]], 150,], [\

table

[[

], [

Inventory

]], 150,]]

.

COCS

= R s 300

.

COCS

= R s 200

.

COCS

= R s 500

.

COCS

= R s 400

$\table[[Date of purchase,Units,Unit Cost],[\table[[Beginning],[Inventory]],100,3],[31st Jan,100,2],[20th March,100,4],[\table[[No of units Sold]],150,],[\table[[st],[Inventory]],150,]] a. COCS=Rs300 b.$

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