The purchases of Barbie Doll by Carrefour is given below. They sell 61 dolls. Calculate the cost of goods sold using FIFO method. Purchases No of dolls purchased Cost/Unit August 10 40 4 September 8 60 7 October 6 50 8

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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The purchases of Barbie Doll by Carrefour is given below. They sell 61 dolls. Calculate the cost of goods sold using FIFO method.

Purchases

No of dolls purchased

Cost/Unit

August 10

40

4

September 8

60

7

October 6

50

8


 

 
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