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LIFO:

               20x1

Zenab  BF = (24900+3600) = 28500
COGS(L) = COGS(F) + r * BI(F)
61940 = 59800 + r * 28500

r = 0.075088

Faytech:
COGS(L) = 52000 + 0.075088 * 22300 = 53674.5


Not sure if this type of question will be on exam.  Can anybody took last level1 give some input on calculation questions?

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