Beginning Inventory Purchase 1 Purchase 2 Purchase 3 Units sold Units 26 45 20 50 113 Cost per unit 97 100 104 105 Total cost 2,522 4,500 2,080 5,250 Calculate COGS and Ending Inventory using FIFO, LIFO, and Average Cost methods.

Beginning Inventory Purchase 1 Purchase 2 Purchase 3 Units sold Units 26 45 20 50 113 Cost per unit 97 100 104 105 Total cost 2,522 4,500 2,080 5,250 Calculate COGS and Ending Inventory using FIFO, LIFO, and Average Cost methods.

Name: Please do not give solution in image format thanku Beginning Inventory
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Description: Please do not give solution in image format thanku Beginning InventoryPurchase 1Purchase 2Purchase 3Units soldUnits26452050113Cost per unit97100104105Total cost2,5224,5002,0805,250Calculate COGS and Ending Inventory using FIFO, LIFO, and Average Cost

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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