SOLUTION: ACCT 212 DeVry University Week FIFO Worksheet

need question 12FIFOBeg. Inv.Purchases:April 7July 16October 6TOTALunits soldsales priceSales revenueGross profitCost of goods available for salecost of goods# of units cost per unit available forsale6052312014021012053045070315006530545758756011970696029610Cost of goods sold# of unitscost per unitCOGS6052312014021040450545758756011970232024970Ending inventory# of units8080cost per unit5858endinginventory46404640LIFOBeg. Inv.Purchases:April 7July 16October 6TOTALunits soldsales priceSales revenueGross profitCost of goods available for salecost of goods# of units cost per unit available forsale6052312014021012053045070315006090545758756011970696029610Cost of goods sold# of units120210120450cost per unit545758COGS648011970696025410Ending inventory# of unitscost per unitendinginventory60523120200080540581080004200WeightedaverageBeg. Inv.Purchases:April 7July 16October 6TOTALunits soldsales priceSales revenueGross profitCost of goods available for salecost of goods# of units cost per unit available forsale605231201402101205304507031500635954575855.87756011970696029610Cost of goods sold# of units450cost per unit55.87COGS25140.566Ending inventory# of units80cost per unit055.87endinginventory04469FIFOBeginning inventoryPurchasesP…

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