FIFO:
Date | Units | Unit Cost | Total Cost | Units | Unit Cost | Total Cost | Units | Unit Cost | Total Cost |
Jan 1 | 610 | 29 | 17690 | ||||||
Apr 2 | 810 | 28 | 22680 | 610 | 29 | 17690 | |||
810 | 28 | 22680 | |||||||
May 20 | 610 | 29 | 17690 | 70 | 28 | 1960 | |||
740 | 28 | 20720 | |||||||
Jun 14 | 320 | 27 | 8640 | 70 | 28 | 1960 | |||
320 | 27 | 8640 | |||||||
Aug 29 | 1340 | 26 | 34840 | 70 | 28 | 1960 | |||
320 | 27 | 8640 | |||||||
1340 | 26 | 34840 | |||||||
Oct 23 | 70 | 28 | 1960 | 30 | 26 | 780 | |||
320 | 27 | 8640 | |||||||
1310 | 26 | 34060 | |||||||
COGS | 83070 | Ending | Inventory | 780 |
Sales ($51*3050) | 155,550 |
Less: COGS | 83,070 |
Gross Margin | 72,480 |
Less: Operating Expenses ($7*3050) | 21,350 |
Operating Income | 51,130 |
home I Beginn der entering A 810 unite a June 14 ) $29= $ 17,690 $28...