E8-17 - E8-17 40 May 1 May 10 May 12 May 20 May 28 May 30...

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Unformatted text preview: E8-17 40 May 1 May 10 May 12 May 20 May 28 May 30 End Inv a.) FIFO 40 May 28 May 12 0 11 0 51 0 LIFO 40 May 1 May 12 0 11 0 51 0 (30 0) 60 0 (59 0) 40 0 51 0 $ 20.00 38.0 0 25.0 0 38.0 0 30.0 0 0 1 0 10 30.0 0 25.0 0 $ 12,000 2,75 0 $ 14,750 20.0 0 25.0 0 $ 8,000 2,75 0 $ 1 0 b.) FIFO LIFO 10 May 1 May 12 May 28 0 1 0 40 0 51 0 0 0 30.0 0 25.0 20.0 $14,750 [same as (a)] 10,750 $ 2,000 25 0 12,00 0 $ 14,250 2 ...
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This note was uploaded on 10/27/2010 for the course FIN 82571 taught by Professor Sharp during the Fall '10 term at CSU Sacramento.

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E8-17 - E8-17 40 May 1 May 10 May 12 May 20 May 28 May 30...

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