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Compute ending inventory

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Reference no: EM132186720

Question - Ehlo Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye:

1/1 Beginning inventory 1,000 @ $12

2/4 Purchase 2,000 @ $ 18

2/20 Sale 2,500 @ $ 30

4/2 Purchase 3,000 @ $ 23

11/4 Sale 2,200 @$33

Compute Ending inventory, assuming Ehlo uses:

Periodic system, FIFO cost flow.

Periodic system, LIFO cost flow.

Reference no: EM132186720

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