What is the cost of goods sold using average cost

Assignment Help Financial Accounting

Reference no: EM131292014

Feb 5 - 200 units @ $2.00 each = $400

Mar 6 - 500 units @ $4.00 each = $2,000

Apr 9 - 400 units @ $6.00 each = $2,400

Jun 7 - 300 units @ $7.00 each = $2,100

On June 30, there are 350 units in ending inventory.

What is the value of ending inventory using FIFO?

What is the value of ending inventory using LIFO?

What is the COST OF GOODS SOLD using average cost?

Reference no: EM131292014

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