Compute the value of ending inventory under lifo

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Reference no: EM13257677

april 1 inventory balance 120 units @ 8.04 each
april 10 purchase 200 units @ 8.20 each
april 20 purchase 410 units @ 8.40 each
april 22 sale 630 units @ 15.00 each
april 25 purchase 310 units @ 8.59 each

compute the value of ending inventory under LIFO? and compute the value of ending inventory under FIFO? and, which inventory costing method results in the largest cost of goods sold.

Reference no: EM13257677

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