Calculate cost of goods sold and ending inventory for Emergicares bandages orders using FIFO, LIFO...
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Calculate cost of goods sold and ending inventory for Emergicares bandages orders using FIFO, LIFO and average cost. There are 37 units in ending inventory. (Do not round intermediate calculations, such as average cost per unit values. Round your answers to the nearest cent.
Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 37 units in ending inventory. (Do not round intermediate calculations, such as average cost per unit values. Round your answers to the nearest cent.) Date January 1 April 1 June 1 September 1 Total Cost Units purchased per unit Total cost 45 $7.50 $ 337.50 40 6.75 270.00 55 6.50 357.50 50 7.00 350.00 190 $1,315.00 Cost of goods sold Ending inventory FIFO LIFO Average cost
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