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What are the numbers for COGS and ending inventory

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Reference no: EM132158234

Question - You have your own business reselling 15th edition Kieso textbooks. You have the following transactions: Beginning inventory 2 textbooks @ $100 each 1/1 Purchased 1 textbook @$73 3/1 purchase 2 textbook @$101 Total textbooks sold during the quarter: 2 If you are to prepare the financial statement for this quarter, what are the numbers for COGS and ending inventory given the following cost flow assumptions?

Reference no: EM132158234

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