question archive Prepare two different inventory control tables for Brawn Ltd once use LIFO another time use Weighted Average
Prepare two different inventory control tables for Brawn Ltd once use LIFO another time use Weighted Average
Subject:BusinessPrice: Bought3
Prepare two different inventory control tables for Brawn Ltd once use LIFO another time use Weighted Average. AND compare the gross profit under the each method. Date Transactions Unit Unit price/cost 1 March Purchases 250 $40 15 March Purchase $43 28 March Sale 200 $80 10 April Purchase 100 $45 29 April Sale 30 April Sale 120 20 May Purchase 50 $48 22 May Sales 75 $90 150 80 $85 $86
