July 1 |
Beginning Inventory |
|
2,500 |
|
$ |
35 |
|
July 5 |
Sold |
|
1,500 |
|
|
|
|
July 13 |
Purchased |
|
6,500 |
|
|
39 |
|
July 17 |
Sold |
|
3,500 |
|
|
|
|
July 25 |
Purchased |
|
8,500 |
|
|
41 |
|
July 27 |
Sold |
|
5,500 |
|
|
|
|
Calculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (b) LIFO, or (c) weighted average cost.