From the following figures calculate the closing inventory using FIFO: Purchase March 400 @ $ 30...
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From the following figures calculate the closing inventory using FIFO: Purchase March 400 @ $ 30 each September 300@ $ 32 each Sale December 420 @ $ 40 each The company uses the perpetual system. O $ 8,610 O $ 8400 O $8,960 None of the above From the following figures calculate the closing inventory using FIFO: Purchase March 400 @ $ 30 each September 300@ $ 32 each Sale December 420 @ $ 40 each The company uses the perpetual system. O $ 8,610 O $ 8400 O $8,960 None of the above
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Financial Accounting
ISBN: 978-1259914898
5th edition
Authors: David Spiceland, Wayne M. Thomas, Don Herrmann
Posted Date:
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