Prepare two different inventory control tables for Brawn Ltd once use LIFO another time use Weighted Average

Accounting Nov 28, 2021

Prepare two different inventory control tables for Brawn Ltd once use LIFO another time use Weighted Average. AND compare the gross profit under the each method.

Date	Transactions	Unit	Unit price/cost
1 March	Purchases	250	$40
15 March	Purchase	150	$43
28 March	Sale	200	$80
10 April	Purchase	100	$45
29 April	Sale	80	$85
30 April	Sale	120	$86
20 May	Purchase	50	$48
22 May	Sales	75	$90