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Compute the october ending inventory and the october cost

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Reference no: EM132768380

For October, when the company sold 1,360 units, the following information is available.

                                                Units             Unit Cost              Total Cost

October 1 inventory          480                  $22                    $10,560

October 8 purchase          960                 23                      22,080

October 25 purchase        480                  26                          12,480

                                 1,920                                               $45,120

Problem 1: Compute the October 31 Ending inventory and the October cost of goods sold using the FIFO method.

Reference no: EM132768380

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