chapter 6 - is in the middle of FIFO and LIFO d it is not 6...

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ex 1 1 350000 2 390000 3 270000 4 295000 5 332000 ex 5 FIFO 187 avg-cost 166.42 LIFO 136 ex 7 ending cost a FIFO 1260 5615 LIFO 900 5975 AVG COST 1125 5750 B FIFO has the highest ending inventory LIFO has the highest cost of goods sold C the averge cost of ending inventory and cost of goods sold
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Unformatted text preview: is in the middle of FIFO and LIFO d it is not 6 bc there was different amount of units bought ex 8 2002 2003 2004 turnover 8.67 8.99 9.08 inventory 42.10 40.60 40.20 gross 54.22 51.91 54.18...
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