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Fart B Probkm () 07 sarke Dabail Company was organised on ne ondertoevalualeand comol inventory...

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Accounting

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Fart B Probkm () 07 sarke Dabail Company was organised on ne ondertoevalualeand comol inventory movement. Uingdratn pm ,2015 Dythecm i) Calculate the total amount (in dollar) fordeingintryamerxis and LIFO methods n) Calculate the cost of goods sold oo December 312 2015 is in bd FFOLFO On June 1",2015 the company beginning inventory 700 units price o 510t On July 10,2015 the company purchased 400 units a price of $150p On September S,2015 the company purchased 500 mitaprice of $2.00 per um On October 7,2015 the company sold 800 units at price of $2.00 per nit On November 2, 2015 the company sold 100 units at price of $3.00 per it -On November 20, 2015 the company purchased 900 umits a price of S1.00 p - On December 28, 2015 the company sold 400 units at price of $3 per nit - on December 31", 2015 the company sold 300 units at price of $2 per unit FIFO 015 a Total amount (in dollar) for closing inventory on December 31 2) The cost of goods sold on December 31,2015 is 3) Total of the company Profit (Loss) on July 31, 2016 LIFO 1) Total amount (in dollar) for closing inventory on December 31 2015 is 2) The cost of goods sold on December 31,2015 is

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