Bay Path Hardware provides the following information relating to its June inventory activity. Hahn uses...
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Accounting
Bay Path Hardware provides the following information relating to its June inventory activity. Hahn uses a perpetual inventory system. Date Transaction Units Unit Cost Total Cost
1-Jun Inventory 13 $8.00 $104
7-Jun Purchase 22 $9.50 $209
12-Jun Sale 20
18-Jun Purchase 10 $10.25 $102.50
20-Jun Sale 14
26-Jun Purchase 16 $11.00 $176
30-Jun Sale 15
Compute the ending inventory and cost of goods sold using the FIFO, LIFO, AND, Weighted Average Cost costing method. Submit in excel with each method on a separate tab.
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