June 4
June 11
June 18
June 25
A. $2.26
C. $2.30
Units
Received
70
30
60
40
Unit
Cost
You sell 100 units in
$2.00 June. Calculate the cost
of goods sold using
first-in, first-out.
$3.00
$2.10
$2.40
B. $2.22
D. $2.10