Solution-Calculate the cost of goods sold for the june

Calculate the cost of goods sold for the june

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Reference no: EM131717446

Question - Go Griz Company has a perpetual inventory system and uses the LIFO method of inventory costing. Go Griz reported the following events during the month of June:

		Number of Units Bought
Date	Event	Number of Units Bought	Sold	Unit Price
June 1	Beginning Inv.	100	$10
3	Purchase	75	11
5	Sale	50
10	Purchase	140	12
16	Sale	65
21	Sale	90
25	Purchase	175	14
30	Sale	120

Required - The cost of goods sold for the June 21st sale is:

Reference no: EM131717446

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Calculate the cost of goods sold for the june : Go Griz Company has a perpetual inventory system and uses the LIFO method of inventory costing. The cost of goods sold for the June 21st sale is

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Calculate the cost of goods sold for the june

Reference no: EM131717446

Reference no: EM131717446

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