Week 8 - 1,000 units @ $3 1,000 units @ $4-750 sold on...

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WEEK 8 ANSWERS 1 C #11 LIFO Perpetual 2 E COGS EI 3 B $750 @ $1 $750 $250 @ $1 $250 4 C $750 @ $2 1500 $250 @ $2 500 5 B $750 @ $3 2250 $250 @ $3 750 6 - $750 @ $4 3000 $250 @ $4 1000 7 E $7,500 $1,000 * 5 $5,000 8 it wouldn't change $7,500 9 C 10 B i.e. $12,000 11 B 12 D i.e. $9,000 #12 FIFO Perpetual 1-Jan 8-Jan 15-Jan 22-Jan 1,000 units @ $1 1,000 units @ $2
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Unformatted text preview: 1,000 units @ $3 1,000 units @ $4-750 sold on 1/5th-500 sold on 1/9th-250 sold on 1/18th-250 sold on 1/9th-500 sold on 1/18th-750 sold on 1/26th COGS 750.00 $ EI 1,000 units @$4 250 1,000 units @5 1,000 1,000 9,000 750 2,250 6,000.00 $...
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