Paragon

1(a) Paragon Electronics, INC.
LIFO

Purchases By Paragon
Sold to
Ending Inventory
Cost of goods sold
Year
Units
Unit cost($)
Aero Inc
Units
Unit Cost($)
Total($)
Unit
Unit Cost($)
Total($)
1986
100
700
80
20
700
14,000
80
700
56,000
1987
100
800
110
10
700
7,000
100
10
800
700
87,000
1988
100
850
92
10
8
700
850
7,000
6,800
92
850
78,200
1989
100
750
104
10
4
700
850
7,000
3,400
100
4
750
850
78,400
1990
100
650
94
10
4
6
700
850
650
7,000
3,400
3,900
94
650
61,100
1991
0
NA
20
-
-
-
6
4
10
650
850
700
14,300

1(b) Paragon Electronics, INC.
FIFO

Purchase by paragon
Sold to
Ending Inventory
Cost of goods sold
Year
Units
Unit Cost($)
Aero Inc
Units
Unit Cost($)
Total($)
Unit
Unit Cost($)
Total($)
1986
100
700
80
20
700
14,000
80
700
56,000
1987
100
800
110
10
800
8,000
20
90
700
800
86,000
1988
100
850
92
18
850
15,300
10
82
800
850
77,700
1989
100
750
104
14
750
10,500
18
86
850
750
79,800
1990
100
650
94
20
650
13,000
14
80
750
650
62,500
1991
0
NA
20
-
-
-
20
650
13,000

1(c) Paragon Electronics, INC.
Weighted Average

Purchases By Paragon
Sold to
Ending Inventory
Cost of goods sold
Year
Units
Unit Cost($)
Aero Inc
Units
Unit Cost($)
Total($)
Unit
Unit Cost($)
Total($)
1986
100
700
80
20
700
14,000
80
700
56,000
1987
100
800
110
20
100
700
800
14,000
80,000

110

783.33

86,166.67

120
783.33
94,000

10
783.33
7,833.33

1988
100
850
92
10
100
783.33
850
7,833.33
85,000

92

843.94

77,642.42

110
843.94
92,833.33

18
843.94
151,90.92

1989
100
750
104
18
100
843.94
750
15,190.92
75,000

104

764.33

79,490.32

118
764.33
90,190.92

14
764.33