Question: CALCULATOR PRI Do It! Exercise 6-2 (Part Level Submission) The accounting records of Skysong, Inc. show the following data. Beginning inventory 3,110 units at $5
CALCULATOR PRI Do It! Exercise 6-2 (Part Level Submission) The accounting records of Skysong, Inc. show the following data. Beginning inventory 3,110 units at $5 sion Purchases 7,800 units at $8 9,060 units at $10 Sales (a) Your answer is correct. Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to decimal places, e.g. 1,250.) FIFO Cost of goods sold during the period 63150 SHOW SOLUTION SHOW
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