Use the following information to answer:
On September 1, the beginning inventory for Anisha Company was 110 units at $150 each. Purchases and sales during September were:

-What is the cost of goods sold for September for Anisha Company if the periodic FIFO costing method is used?

Question

Use the following information to answer:
On September 1, the beginning inventory for Anisha Company was 110 units at $150 each. Purchases and sales during September were:
 
-What is the cost of goods sold for September for Anisha Company if the periodic FIFO costing method is used?

Quizplus · Accepted Answer

(110 x $150) + (120 x $168) + (40 x $132) = $41,940

Use the Following Information to Answer