Homework Answers
| Fifo | Lifo | Average cost | |
| Cost of Goods Sold |
(3160*7)+(5300*9) = 69,820 |
(8240*9)+(220*7) = 75,700 |
(8460*8.446) = 71,453 |
Average cost per unit = [(3160*7)+(8240*9)]/(3160+8240)
= 96,280/11400
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