Documente Academic
Documente Profesional
Documente Cultură
Beginning Inventory 30 8
February 5:Purchases 10 10
July 12: Purchases 10 11
September 20: Purchases 10 12
average-cost
Fifo method Lifo method
method
Cost of inventory end of year 175 120 142.5
Cost of goods sold 395 450 427.5
Sales revenue 900 900 900
gross margin 505 450 472.5