Don't have a Steve Madden Account yet? New customer? Join SM PASS. Join Now. ALREADY SIGNED UP FOR SM PASS? Signed up in a store? Complete registration to create a Steve Madden account and manage your points. Complete Registration
Using FIFO, you calculate the cost of goods sold expense as follows: In short, you use the first three units to calculate cost of goods sold expense. The cost of the ending inventory asset, then, is $106, which is the cost of the most recent acquisition.The $412 total cost of the four units is divided between $306 cost of goods sold expense for the three units sold and the $106 cost of the one unit in ending inventory.The total cost has been accounted for; nothing has fallen between the cracks.he $412 total cost of the four units is divided between $306 cost of goods sold expense for the three units sold and the $106 cost of the one unit in ending inventory. The total cost has been accounted for; nothing has fallen between the cracks.
1 For example, the Best Fitness BFMG20 can be found for about $400 while the Powerline BSG10x will cost about $850. 2  Another type of home gym uses tension wires instead of fixed weights and cables.3  These gyms include the Bowflex PR1000 and PR 3000 which sell for $500 and $800 respectively. For example, the Best Fitness BFMG20 can be found for about $400 while the Powerline BSG10x will cost about $850. 2  Another type of home gym uses tension wires instead of fixed weights and cables.