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

    Apr 11, 2013, 11:30 AM
    Assistance
    Can you assist with the solution to the following:

    The following transactions took place

    Units Unit Cost Total Cost
    Opening Balance 100 2.00 200
    Receipts – 3 May 400 2.10 840
    Issues – 4 May 200
    Receipts – 9 May 300 2.12 636
    Issues – 11 May 400
    Receipts – 18 May 100 2.40 240
    Issues – 20 May 200

    Calculate the value of all issues and of closing inventory using FIFO, LIFO and AVCO
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Apr 11, 2013, 11:53 AM
    What do YOU think ?
    While we're happy to HELP we won't do all the work for you.
    Show us what you have done and where you are having problems..
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