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Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 48 units in ending inventory. (Do not round your intermediate calculation and round your final answers to the nearest cent.) Date January 1 April i June 1 Units purchased Cont per unit $8.90 8.25 Total cont $ 569.60 486.75 64 59 75 69 7.90 592.50 Geptenber 1 8.40 579.60 Total 267 $2,228.45 Cost of goods sold Ending inventory FIFO LIFO Average cost

Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 48 units in ending inventory. (Do not round your intermediate calculation and round your final answers to the nearest cent.) Date January 1 April i June 1 Units purchased Cont per unit $8.90 8.25 Total cont $ 569.60 486.75 64 59 75 69 7.90 592.50 Geptenber 1 8.40 579.60 Total 267 $2,228.45 Cost of goods sold Ending inventory FIFO LIFO Average cost

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 48 units in ending inventory. (Do not round your intermediate calculation and round your final answers to the nearest cent.) Units purchased Cost per unit $8.90 Date Total cont January 1 April 1 S 569.60 486.75 64 59 75 8.25 7.90 592.50 579.60 June 1 September 1 69 8.40 Total 267 $2,228.45 Cost of goods sold Ending inventory FIFO LIFO Average cost
Transcribed Image Text:Calculate cost of goods sold and ending inventory for Emergicare's bandages orders using FIFO, LIFO and average cost. There are 48 units in ending inventory. (Do not round your intermediate calculation and round your final answers to the nearest cent.) Units purchased Cost per unit $8.90 Date Total cont January 1 April 1 S 569.60 486.75 64 59 75 8.25 7.90 592.50 579.60 June 1 September 1 69 8.40 Total 267 $2,228.45 Cost of goods sold Ending inventory FIFO LIFO Average cost
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