Exercise 6-5 calculate inventory amounts when costs are declining

2.

Using LIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit.

 

 

Exercise 6-5 Part 3

3.

Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round the intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.)