, 13.11.2019owoeli

# July 1 beginning inventory 30 units @ \$9 per unit 10 purchased 50 units @ \$11 per unit 15 sold 60 units 26 purchased 25 units @ \$13 per unit calculate the cost of goods sold for july and ending inventory at july 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. round your final answers to the nearest dollar. a. first-in, first-out: ending inventory answer 545 cost of goods sold: answer 490 b. last-in, first-out: ending inventory answer cost of goods sold: answer c. weighted-average cost: ending inventory answer cost of goods sold answer

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