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Business, 29.11.2019 00:31 ajanae97

Compute fifo, lifo, average-cost—periodic)

(lo 3) presented below is information related to blowfish radios for the hootie company for the month of july.

date

transaction

units in

unit cost

total

units sold

selling price

total

july 1

balance

 100

$4.10

$ 410

 6

purchase

 800

 4.20

 3,360

 7

sale

 300

$7.00

$ 2,100

10

sale

 300

 7.30

  2,190

12

purchase

 400

 4.50

 1,800

15

sale

 200

 7.40

  1,480

18

purchase

 300

 4.60

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Answers: 2

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Compute fifo, lifo, average-cost—periodic)

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