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Transaction Units Unit cost Date 1 April Beginning inventory 12 $37 7 April Purchase 45 $32 9 April Sale 35 14 April Pur
Posted: Sun Jun 05, 2022 9:22 pm
by answerhappygod
- Transaction Units Unit Cost Date 1 April Beginning Inventory 12 37 7 April Purchase 45 32 9 April Sale 35 14 April Pur 1 (60.19 KiB) Viewed 42 times
Transaction Units Unit cost Date 1 April Beginning inventory 12 $37 7 April Purchase 45 $32 9 April Sale 35 14 April Purchase 52 $38 30 April Sale 25 Required a) Calculate the ending inventory and cost of each sale under the FIFO method. [5 marks] b) Calculate the ending inventory and cost of each sale under the weighted average method.