Homework Answers
a) Total units available for sale = 496+744+496 = 1736
Sale unit = 372+670 = 1042 Units
Ending inventory unit = 1736-1042 = 694 Units
| FIFO | LIFO | |
| Ending inventory | (496*30+198*27) = 20226 | (496*21+198*27) = 15762 |
b) Total units available for sale = 496+744+496 = 1736
Sale unit = 372+670 = 1042 Units
Ending inventory unit = 1736-1042 = 694 Units
| FIFO | LIFO | |
| Ending inventory | (496*30+198*27) = 20226 | (124*21+74*27+496*30) = 19482 |
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