Assignment submitted by: Muhammad Ameen

Assignment submitted to: R/SIR Muhammad A

Subject: FSA

Institute: KBSAS Sindh Campus NF

Date Units cost per unit total cost

jan 2000 6 12000
feb 3000 6.75 20250
june 7000 7.5 52500
oct 2000 8 16000
 Assignment 2
hammad Ameen

IR Muhammad Azeem Mahar

FIFO

total cost Date Purchases

units cost per unit
jan 2000 6
feb 3000 6.75
june 7000 7.5
oct 2000 8

jan
feb
june

LIFO

Date Purchases
units cost per unit
jan 2000 6
feb 3000 6.75
june 7000 7.5
oct 2000 8
oct
june
feb

Average Cost Method

Date Purchases
units cost per unit
jan 2000 6
feb 3000 6.75
june 7000 7.5
oct 2000 8

14000
jan
COGS Inventory Balance
units per cost

100750

2000 6
3000 6.75
5000 7.5 69750 31000

COGS Inventory Balance

units per cost

100750
 2000 8
7000 7.5
1000 6.75 75250 25500

st Method
COGS Inventory Balance
units per cost

100750

10000 7.196429 71960 28790