Business Finance Homework Help
Business Finance Homework Help. I’m having trouble with acct 4a
Givens Company had 100 units in beginning inventory at a total cost of
$10,000. The company purchased 200 units at a total cost of $26,000. At
the end of the year, Givens had 75 units in ending inventory.
Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round average-cost per unit and final answers to 0 decimal places, e.g. $45.)
|
FIFO
|
LIFO
|
Average-cost
|
||||
| The cost of the ending inventory |
$
|
$
|
$
|
|||
| The cost of goods sold |
$
|
$
|
$
|
Business Finance Homework Help
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