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CoGS Calculator V1.0

The document summarizes the cost of goods sold for Electronic Goods Inc. in April 2009. It shows the beginning inventory, items sold, ending inventory and costs for mobile phone batteries sold under different purchase orders throughout the month using FIFO and LIFO accounting methods. The total cost of goods sold was between $15,180-$18,480 depending on the accounting method used.

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18 views

CoGS Calculator V1.0

The document summarizes the cost of goods sold for Electronic Goods Inc. in April 2009. It shows the beginning inventory, items sold, ending inventory and costs for mobile phone batteries sold under different purchase orders throughout the month using FIFO and LIFO accounting methods. The total cost of goods sold was between $15,180-$18,480 depending on the accounting method used.

Uploaded by

dsgurjar
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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COST OF GOOD SOLDS

Company Name : Electronic Goods Inc. Month Period : Beginning Inventory : Beginning Inventory Price (USD) : Sold Unit : Ending Inventory : Date 4-Apr 12-Apr 19-Apr 25-Apr PO # 101 102 103 104 April-09 100 30 520 480 unit unit Item Name Mobile Phone Battery Mobile Phone Battery Mobile Phone Battery Mobile Phone Battery unit COGS (USD) Average FIFO LIFO Price (USD) 30 29 35 40 45 Total 15,600 15,180 18,480 Unit 100 500 250 100 50 Per Unit 32.500 31.625 38.500 Total Price 3,000 14,500 8,750 4,000 2,250

Beginning Inventory as of 1 Apr 09

VISIT EXCELTEMPLATE.NET FOR MORE TEMPLATES AND UPDATES

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