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help round $8.00 S 328.00 261.00 357.00 7.25 7.00 Apeil 1 er- 7.50 1.295 00
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Purchase date Purchase Quantity Cost per unit ($)
January 1 41 8
April 1 36 7.25
June 1 51 7
September 1 46 7.5

Claculation using First-in-first-out (FIFO)

Calculations using Last-in-last-out (LIFO)using Last -in First oot CLIFo methd DateDe ction Units Tanuory units Purcha sed APrinitpurchased Tune units purchased sepkmbunits Purchased QUanlityRate () Aount($ 8 328 7-25 261 36 51 46 3 1.5 345 matenal iSSuc 4G е 7.5 36 C 25 $ lol9 CloSin ivento 34 212 Costof goods Sold.キ1019 Closing Inventory 272

Calculations using Average cost method

using Avevage Cost thod Dote Janunits purchased A nits puychased (36115)7 Descriptio unit anity Rate mmsuntC 328 589 261 units purchased (sie1)126 946 357 Sept units Purchased (46 e5) 4 129 material isSuc 140 43751041 25 »tper unit. +725+1+ 7.5 4 74375 Rnventory 34 24975 There fore of Jtods sold $ 0 41-25 o) 4 104 $ 249-75 250 Closing Tnventory

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