| UID223242 帖子577 主题272 注册时间2011-7-11 最后登录2016-4-19 
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| Beginning inventory=0 
 Quarter Purchases Sales
 ========= ========== =========
 Qtr1 40 units at $30 13 units at $35
 Qtr2 20 units at $40 35 units at $45
 Qtr3 90 units at $50 60 units at $60
 
 A) calculate the firm's inventory value at the end of the period using the FIFO,LIFO and Weighted Average inventor cost flow assumptions.
 
 I am not clear on the way Schweser calculated LIFO.
 
 During Qtr-2, the firm forced to sell Qtr-1 inventory of 15 units that carried over from Qtr-1 because 35 units sold in Qtr-2 where purchases only 20 units.
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