cp

sp
10000
5000
15000
7500
2500

11200
5350
16000
9000
2000

sales commission
560
268
800
450
100

delivery cost
336
161
480
270
60

LIFO
1000
1000
1000
1000
1000
1000
TOTAL
Amnt in inventory
p&l

10
12.5
17
25
35
48

10000
12500
17000
25000
35000
48000
147500
-10000
137500

Purchases
Jan

10000

25

250000

March
total
Septem

15000
25000
20000

30

450000

35

700000

units
mar

op
pur
sale
ending inv

pur
pur
sale
pur
ending inv

Sales
15000

Nov

20000

may

Sales
18000

Nov

10000

$
60
100
90
70

units
mar

may

49
52
lifo
fifo

49

3430
3460

$
120
50
200
100
140

53
54
55 lifo
fifo

7170
7660

Value shown in the sheet

10000
4921
14720
7500
1840

10304
4921
14720
8280
1840

sales

If FIFO
15000

inventory

10000

sales
inventory

NRV

IF LIFO
sales

15000

35

inventory

10000

675000

sales
inventory

640000
250000

If FIFO
sales
inventory

0
0

sales
inventory

IF LIFO
450000
250000

sales
inventory

sales
inventory

640000
250000

25