Calculate cost of goods sold and cost of ending inventory

Assignment Help Financial Accounting

Reference no: EM13794329

Given the following data, calculate cost of goods sold and the cost of ending inventory.

3 separate methods, FIFO, LIFO and Weighted Average. You must show ALL calculations.

Date Transaction

1/10 Bought 200 inventory units @ $15

1/20 Bought 200 inventory units @ $17

1/25 Sold 150 inventory units @ $30

1/28 Bought 100 inventory units @ $20

1/31 Sold 130 inventory units @ $30

2/4 Bought 90 inventory units @ $22

Reference no: EM13794329

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