Log in

View Full Version : Beginning Inventory 10 units @ 18 Purchase


jpolanco123
Aug 12, 2012, 07:04 PM
Jan 1 Beginning Inventory 10 units @ 18
Apr 3 Purchases 30 units @ 20
Aug 31 Puchases 28 unuits @ 25
Sep 29 purchases 17 units 30
Dec 31 Ending Inventory 21 units

What's the ending inventory cost using a) FIFO (b) LIFO (c) average cost

paraclete
Aug 12, 2012, 09:32 PM
What specific questions do you have? We don't provide model answers, this question or a form of it has been asked and answered previously