Inventory balance - 500 units $10.00Purchase, April 11 - 800 units $8.00 Purchase , June...
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Inventory balance - 500 units $10.00Purchase, April 11 - 800 units $8.00 Purchase , June 1 - 700 units $12.00 Sale May 1 (sold at $38.00 per unit) - 500 units Sale July 3 (sold at $38.00 per unit) - 520 units Operating expense (excluding income tax expense) $19,009 FIFO, LIFO and weight average Is 500 times 38 units ? Calculate number of goods avail and CSG Ending inventory FIFO, LIFO and weighted average Income statement
Purchase, April 11 - 800 units $8.00
Purchase , June 1 - 700 units $12.00
Sale May 1 (sold at $38.00 per unit)
- 500 units
Sale July 3 (sold at $38.00 per unit) - 520 units
Operating expense (excluding income tax expense) $19,009
FIFO, LIFO and weight average
Is 500 times 38 units ? Calculate number of goods avail and CSG
Ending inventory
FIFO, LIFO and weighted average
Income statement
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