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Accounting 1a - Fifo,Lifo and Avg Given Information Unit Cost Extended Cost...

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Accounting

Accounting 1a - Fifo,Lifo and Avg

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Given Information Unit Cost Extended Cost Units 200 100 5.00 $ 5.50 1,000.00 550.00 Beginning Inventory 1/1/20ox Purchases 2/6/200X 5/19/200x 8/12/200x 10/4/200X Avaliable for Sale 400 350 500 450 2,000 6.00 4.50 4.00 4.50 2,400.00 1,575.00 2,000.00 2,025.00 9,550.00 Units Revenue Total year sales (Revenue) 1,500 45,000.00 Weighted Avg FIFO LIFO Value of Ending Inventory Cost of Goods Sold Gross Profit

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