The units of inventory available for sale during the month of June were as follows:
There are 59 units of in inventory at June 30. The perpetual inventory system is used.
Calculate the cost of goods sold using (1) FIFO, (2) LIFO and (3) average-cost method.

Question

The units of inventory available for sale during the month of June were as follows:
  There are 59 units of in inventory at June 30. The perpetual inventory system is used.
Calculate the cost of goods sold using (1) FIFO, (2) LIFO and (3) average-cost method.

Quizplus · Accepted Answer

The Answer of The units of inventory available for sale during the month of June were as follows:
  There are 59 units of in inventory at June 30. The perpetual inventory system is used.
Calculate the cost of goods sold using (1) FIFO, (2) LIFO and (3) average-cost method.

The Units of Inventory Available for Sale During the Month