Round per unit costs to the nearest penny

$11.00

Description

On May 15, a customer purchased 700 units. Another 200 units were sold on May 30.

Date Units Cost/ unit

May 1 BI 600 $11.15

May 12 Pur. 400 $9.00

May 28 Pur. 450 $10.60

Round per unit costs to the nearest penny at each step of your calculation.

Periodic FIFO LIFO Average Cost

COGS $ $ $

Ending Inventory $ $ $

Perpetual FIFO LIFO Average Cost

COGS $ $ $

Ending Inventory $ $ $

I need the processes of theses calculations

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