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What is the amount of cost of goods sold for january

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Reference no: EM132787079

A company's inventory records indicate the following data for the month of January:

Jan. 1

Beginning 180 units at $9 each

Jan. 5

Purchased 170 units at $10 each

Jan. 9

Sold 300 units at $35 each

Jan. 14

Purchased 200 units at $11 each

Jan. 20

Sold 150 units at $35 each

Jan. 30

Purchased 230 units at $12 each

Problem 1: What is the amount of cost of goods sold for January, if the company uses the LIFO, FIFO and weighted average perpetual inventory system?

Reference no: EM132787079

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