Ch. 9_27 - $1.25 $1,125 100 $1.15 $115 500 $1.15 $575...

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Dave Ulan Accounting 41 P9-27 A) Weighted Average Average Price $4800/4000 units $1.20 Ending Inventory Cost of Goods Sold Average Price $1.20 Average Price $1.20 Inventory 1600 Sold 2400 Ending Inventory $1,920 Goods Sold $2,880 B) FIFO Ending Inventory Cost of Goods Sold Units Price Cost Units Price Cost 800 $1.00 $800 1000 $1.45 $1,450 700 $1.05 $735 900
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Unformatted text preview: $1.25 $1,125 100 $1.15 $115 500 $1.15 $575 Ending Inventory $1,650 Goods Sold $3,150 C) LIFO Ending Inventory Cost of Goods Sold Units Price Cost Units Price Cost 1000 $1.45 $1,450 800 $1.00 $800 600 $1.25 $750 700 $1.05 $735 Ending Inventory $2,200 600 $1.15 $690 300 $1.25 $375 Goods Sold $2,600...
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