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MBA,MCS,M.phil
Devry University
Jan-2008 - Jan-2011
MBA,MCS,M.Phil
Devry University
Feb-2000 - Jan-2004
Regional Manager
Abercrombie & Fitch.
Mar-2005 - Nov-2010
Regional Manager
Abercrombie & Fitch.
Jan-2005 - Jan-2008
Company E has the following information regarding its merchandise transactions for 19X5.
|
Jan. 1 |
Balance |
 |
100 units @ $50 |
|
Mar. 30 |
Purchase |
 |
200 units @ $55 |
|
Apr. 15 |
Sale |
125 units |
 |
|
2-Jun |
Purchase |
 |
300 units @ $49 |
|
Aug. 5 |
Sale |
250 units |
 |
|
Oct. 8 |
Purchase |
 |
275 units @ $63 |
|
Dec. 10 |
Sale |
350 units |
 |
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Determine the cost of goods sold and ending inventory balance under FIFO, LIFO, and weighted average, under the periodic system
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