Blue Danube Tires has the following inventory records for the month ending July 31:

Blue Danube sold 140 tires during July. Compute the ending inventory and the cost of goods sold for the period using FIFO, LIFO, and weighted-average cost inventory methods.

Question

Blue Danube Tires has the following inventory records for the month ending July 31:
 
 Blue Danube sold 140 tires during July. Compute the ending inventory and the cost of goods sold for the period using FIFO, LIFO, and weighted-average cost inventory methods.

Quizplus · Accepted Answer

The Answer of Blue Danube Tires has the following inventory records for the month ending July 31:
 
 Blue Danube sold 140 tires during July. Compute the ending inventory and the cost of goods sold for the period using FIFO, LIFO, and weighted-average cost inventory methods.

Blue Danube Tires Has the Following Inventory Records for the Month