document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1000317>Question 1000317</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Lan Enterprises uses a periodic inventory system for buckets it sells. It had a beginning inventory on April 1 of<BR>\n" );
document.write( "80 units at a cost of $6 per unit. During April, the following purchases and sales were made.<BR>\n" );
document.write( "Purchases Sales<BR>\n" );
document.write( "April 7 60 units at $7.00 April 5 120 units at $20<BR>\n" );
document.write( "13 120 units at $7.50 11 90 units at $20<BR>\n" );
document.write( "23 90 units at $8.00 20 80 units at $20<BR>\n" );
document.write( "29 50 units at $8.80 30 40 units at $20<BR>\n" );
document.write( "320 330<BR>\n" );
document.write( "Instructions: Compute the April 30 ending inventory and April cost of goods sold under (a) average cost, (b)<BR>\n" );
document.write( "FIFO, and (c) LIFO. Provide appropriate supporting calculations.<BR>\n" );
document.write( "(1) Average - Ending Inventory = $_________; Cost of Goods Sold = $_________.<BR>\n" );
document.write( "(2) FIFO - Ending Inventory = $_________; Cost of Goods Sold = $_________.<BR>\n" );
document.write( "(3) LIFO - Ending Inventory = $_________; Cost of Goods Sold = $_________ </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #617841 by </B><A HREF=/tutors/aboutme.mpl?userid=solver91311><B>solver91311(24713)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=solver91311><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=solver91311><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=617841\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> <font face=\"Times New Roman\" size=\"+2\">\r<BR>\n" );
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document.write( "This is an accounting question and, therefore, inappropriate for the Algebra.com forum.  Try searching for a website that deals with accounting homework help.\r<BR>\n" );
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document.write( "John<BR>\n" );
document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\LARGE e^{i\pi}\ +\ 1\ =\ 0\"><BR>\n" );
document.write( "My calculator said it, I believe it, that settles it\r<BR>\n" );
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document.write( "<IMG STYLE=\"max-width:80%;\" SRC=\"/cgi-bin/rendertex.cgi?\Large \ \\r\"> </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );