Enter opening stock and purchases in date order (oldest first).
| Layer | Units | Cost / unit | |
|---|---|---|---|
| Method | COGS | Ending stock | Gross profit |
|---|---|---|---|
| FIFO | 3,780.00 | 1,820.00 | 2,620.00 (40.9%) |
| LIFO | 4,240.00 | 1,360.00 | 2,160.00 (33.8%) |
| Weighted average | 3,982.22 | 1,617.78 | 2,417.78 (37.8%) |
Goods available for sale: 450 units costing 5,600.00. Revenue at your price: 6,400.00.
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