2. Inventory-FIFO Method Compute the April 30 inventory and the April cost of goods sold using...
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2. Inventory-FIFO Method Compute the April 30 inventory and the April cost of goods sold using the Data provided: Company uses a periodic inventory system Company sold Additional information for April: April 1 15 23 600 inventory purchase purchase units Units 250 400 350 1,000 in April $ sss $ $ Unit Cost 10 12 13 FIFO Total Cost $ 2,500 $ 4,800 $ 4,550 $ 11,850 method 2. Inventory-FIFO Method Compute the April 30 inventory and the April cost of goods sold using the Data provided: Company uses a periodic inventory system Company sold Additional information for April: April 1 15 23 600 inventory purchase purchase units Units 250 400 350 1,000 in April $ sss $ $ Unit Cost 10 12 13 FIFO Total Cost $ 2,500 $ 4,800 $ 4,550 $ 11,850 method
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Related Book For
Intermediate Accounting
ISBN: 978-1118147290
15th edition
Authors: Donald E. Kieso, Jerry J. Weygandt, and Terry D. Warfield
Posted Date:
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