The FlyOnTheWall company made the following purchases of camera components:
$$\begin{array} { l l l l r }
\text { Date } & \text { Units } & \text { Cost price per unit } & \text { Amount } & \text { Total } \
1 \text { st Feb } & 800 & £ 10 & 8,000 & 8,000 \
15 \text { th Feb } & 1,000 & f 9 & 9,000 & 17,000 \
25 \text { th Feb } & 6,000 & £ 11 & 6,600 & 23,600
\end{array}$$
The company took out a job on the 27th February,using 1,200 components.Show the price charged for the job under the last in first out approach (LIFO)

Question

The FlyOnTheWall company made the following purchases of camera components:
$$\begin{array} { l l l l r } 
\text { Date } & \text { Units } & \text { Cost price per unit } & \text { Amount } & \text { Total } \
1 \text { st Feb } & 800 & £ 10 & 8,000 & 8,000 \
15 \text { th Feb } & 1,000 & f 9 & 9,000 & 17,000 \
25 \text { th Feb } & 6,000 & £ 11 & 6,600 & 23,600
\end{array}$$
The company took out a job on the 27th February,using 1,200 components.Show the price charged for the job under the last in first out approach (LIFO)

Quizplus · Accepted Answer

The Answer of The FlyOnTheWall company made the following purchases of camera components:
$$\begin{array} { l l l l r } 
\text { Date } & \text { Units } & \text { Cost price per unit } & \text { Amount } & \text { Total } \
1 \text { st Feb } & 800 & £ 10 & 8,000 & 8,000 \
15 \text { th Feb } & 1,000 & f 9 & 9,000 & 17,000 \
25 \text { th Feb } & 6,000 & £ 11 & 6,600 & 23,600
\end{array}$$
The company took out a job on the 27th February,using 1,200 components.Show the price charged for the job under the last in first out approach (LIFO)

The FlyOnTheWall Company Made the Following Purchases of Camera Components