Purchases Sales Quantity: Unit Cost: Quantity:

260 $6.70 $1,742.00 

Total COGS $13,548.00 End Inv $2,392.00 

(2) Last-in, First-out, (LIFO).

Date"Purchased

No. of units"Unit cost"Sold

No. of units"" Event

Detail "Unit cost"Balance

No. of units"" Unit

cost " Amount

Apr 1110 $6.00 110 $6.00 $660.00

Apr 4420 6.20 110 $6.00 $660.00

420 $6.20 $2,604.00

End Inv $3,264.00

Apr 5290 290 $6.20 100 $6.00 $600.00

130 $6.20 $806.00

COGS $1,798.00 End Inv $1,406.00

Apr 11280 6.30 100 $6.00 $600.00

130 $6.20 $806.00

280 $6.30 $1,764.00

End Inv $3,170.00

Apr 12200 200 $6.30 100 $6.00 $600.00

130 $6.20 $806.00

80 $6.30 $504.00

COGS $1,260.00 End Inv $1,910.00

Apr 18210 6.40 100 $6.00 $600.00

130 $6.20 $806.00

80 $6.30 $504.00

210 $6.40 $1,344.00

End Inv $3,254.00

Apr 26500 6.50 100 $6.00 $600.00

130 $6.20 $806.00

80 $6.30 $504.00

210 $6.40 $1,344.00

500 $6.50 $3,250.00

End Inv $6,504.00

Apr 27800 500 6.50100 $6.00 $600.00

210 6.40120 $6.20 $744.00

80 6.30I WASN'T SURE ABOUT THIS PART

10 6.20

COGS $5,160.00 End Inv $1,344.00

Apr 28200 120 6.2020 $6.00 $120.00

80 6.00AND I WASN'T SURE ABOUT THIS PART

COGS $1,224.00 End Inv $120.00

Apr 30260 6.70 20 $6.00 $120.00

200 $5.70 $1,140.00

Total COGS $9,442.00 End Inv $1,260.00

(3) Average Cost.

Date"Purchased

No. of units"Unit cost"Sold

No. of units" Unit cost "Balance

No. of units"Unit cost" Ext'd Inv

Valuation "

Apr 1110 $6.00 110 $5.0000 $550.00

Apr 4420 6.20 530 5.9509 $3,154.00

Apr 5290 $5.9509 240 5.9509 $1,428.22

Apr 11280 6.30 520 6.1389 $3,192.22

Apr 12200 $6.1389 320 6.1389 $1,964.44

Apr 18210 6.40 530 6.2423 $3,308.44

Apr 26500 6.50 1,030 6.3674 $6,558.44

Apr 27800 $6.3674 230 6.3674 $1,464.51

Apr 28200 $6.3674 30 6.3674 $191.02

Apr 30260 6.70 290 6.6656 $1,933.02