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FIFOLIFO - Unprotected.xls Worksheet Chart FIFOLIFO st Flow Assumptions \table[[Data Section],[,,,,Specific,FIFO,LIFO],[Purchase,Unit,Unit,Total,Units,Units,Units],[Date,Quantity,Cost,Cost,Sold,Sold,Sold],[\table[[Beginning Balance]],200,$400,$80,000,200,,],[Mar 7,100,$440,$44,000,50,,],[May...

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Accounting

FIFOLIFO - Unprotected.xls
Worksheet
Chart
FIFOLIFO
st Flow Assumptions
\table[[Data Section],[,,,,Specific,FIFO,LIFO],[Purchase,Unit,Unit,Total,Units,Units,Units],[Date,Quantity,Cost,Cost,Sold,Sold,Sold],[\table[[Beginning Balance]],200,$400,$80,000,200,,],[Mar 7,100,$440,$44,000,50,,],[May 13,50,480,24,000,,,],[Aug 28,200,520,104,000,200,,],[Nov 20,150,560,84,000,50||,,],[Total purchased,500,,256,000,,,],[Total available,700,,$336,000,,,],[Sales,500,,,500,0,0],[Ending balance,200,,these totals must agree,],[,,with cell B17,,],[,,,,,,],[Calculations],[,,,Specific ID,FIFO,LIFO,Average],[Cost of goods sold,,FORM1,FORM2,FORM3,FORM4],[Ending inventory cost,,FORM5,FORM6,FORM7,FORM8],[Total goods available,,$0,$0,$0,$0
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