Question:
Purchase 1: 100 @ $35.00 on 01-01-20
Purchase 2: 100 @ $34.00 on 01-02-20
Total: 200 Average: $34.50
Sell 1. 150 @ $36.00 on 01-06-20
When working out my profit/gain....where do I get my 150 sold units from? For example, do I take 100 from 1 Jan + 50 from 1 Feb, OR, do I take 100 from 1 Feb + 50 from 1 Jan. Or can I select 75 from each one?
Thanking you in advance.
Randy
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