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    Boslegal83's Avatar
    Boslegal83 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Dec 18, 2007, 07:31 AM
    Lifo/fifo using periodic system
    The company uses the periodic system, and there were 15 units in inventory at the end of the period. Can someone please determine the costs of 15 units in the inventory by each of the following methods, presenting details in your computations (a) first-in, first out and (b) last-in, first-out.
    ms180sx's Avatar
    ms180sx Posts: 64, Reputation: 6
    Junior Member
    		  
    #2

    Dec 20, 2007, 11:15 PM
    U need to give more info, such as the sales amounts and cogs during the different periods.

    -tim-
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