00 each 500 units at 450 each 400 units at 475 each

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Unformatted text preview: ventory: March 1 Purchases for the month: March 10th 20th March March 30th 200 units at $4.00 each 500 units at $4.50 each 400 units at $4.75 each 300 units at $5.00 each Sales were as follows: March 15: 500 units March 25: 400 units 1. Under a periodic inventory system, compute the ending inventory balances and cost of goods sold under FIFO, LIFO, and Weighted Average. 2. Under a perpetual inventory system, compute ending inventory balances and COGS under LIFO and Weighted Average methods. 45...
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This note was uploaded on 01/22/2014 for the course ACG 2021 taught by Professor Linkovich during the Spring '08 term at University of South Florida - Tampa.

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