The inventory records for Radford Co. reflected the following
| Beginning Inventory @ May 1 |
2,000 units @ $5.60 |
| First Purchase @ May 7 |
2,100 units @ $5.80 |
| Second Purchase @ May 17 |
2,300 units @ $5.90 |
| Third Purchase @ May 23 |
1,900 units @ $6.00 |
| Sales @ May 31 |
6,300 units @ $7.50 |
9. Required information- Determine the weighted average cost per unit (rounded) for May.
$5.83 $5.77 $5.90 $7.50
10. Required information- Determine the amount of cost of goods sold assuming the LIFO cost flow method.
$37,800 $37,150 $36,540 $35,280
11. Required information- Determine the amount of ending inventory assuming the FIFO cost flow method.
$12,000 $11,990$11,200 $7,100