Units

Inventory, Jan. 1
Purchase, Mar. 7
Sale, May 20
Sale, Jun. 30
Purchase, July 15
Sale, Sept. 17
Inventory, Dec. 31

Unit Cost
250.00
200.00
(120.00)
(55.00)
275.00
(245.00)
303.00

Specific Identification
FIFO
Weighted Average
Moving Average

Cost of Ending Invt.

8,056.25
6,256.25
5996.240602

275
275

Unit Selling Price

10.50
11.00
14.00
15.00
11.75
16.00

Cost of Goods Sold

3,240.00
1,800.00
-5271.240602

11.75
11

3231.25
3025
6256.25

250.00
200.00
275.00

10.50
11.00
11.75
total

8,056.25

1,800.00

250.00
200.00
275.00
725.00

10.50
11.00
11.75
33.25

Gross Profit
2,360.00
6,256.25
11527.4906

6,256.25

21.80451128
275
5996.240602

725

5996.240602

-5271.240602

6256.25

-5271.240602

11527.4906

2,625.00
2,200.00
3,231.25
8,056.25
(6,256.25)
1,800.00

2,625.00
2,200.00

3,231.25

130
145
30

10.50
10.50
11.75

120

14.00

1,365.00
1,522.50
352.50
3,240.00

8,056.25
245

16.00

5,600.00
(3,240.00)
2,360.00