|
Calculate Ending Inventory and Cost of Goods Sold under FIFO, LIFO, and weighted average |
|
Beginning inv |
25 |
110 |
2,750 |
|
Purchased 10/1 |
10 |
125 |
1,250 |
|
Purchased 10/14 |
20 |
125 |
2,500 |
|
Purchased 10/25 |
10 |
130 |
1,300 |
|
65 |
7,800 |
||
|
On hand at 10/31 |
35 |
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