Alpha Company had the following inventory data for the current month.

I need help with the following question.. thanks i only have limited time…

Questions #3`Alpha Company had the following inventory data for the current month.UnitsUnit PriceTotalInventory 12/1/1320$ 45$ 900Purchase25$ 50$ 1,250Purchase35$ 55$ 1,925Available for Sale80$ 4,075Inventory 12/31/1325Quantity Sold55Compute cost of goods sold for each of the following methods:i. Average costii. First in, first out (FIFO)iii. Last in, first out (LIFO)
Background image of page 1