Question: Compute for the ending inventory using FIFO method * A. The Love & Kisses, Inc., made the following material purchases and issuances during November Nov


Compute for the ending inventory using FIFO method * A. The Love & Kisses, Inc., made the following material purchases and issuances during November Nov 1 Inventory 10,000 units at P 2.00 6 Purchased 6,000 units at P 2.80 10 Purchased 4,000 units at P 3.00 16 Issued 12,000 units 25 Purchased 3,000 units at P 3.10 28 Issued 7,000 units 1 Add file Compute for the ending inventory using Weighted Average method * A. The Love & Kisses, Inc., made the following material purchases and issuances during November Nov 1 Inventory 10,000 units at P 2.00 6 Purchased 6,000 units at P 2.80 10 Purchased 4,000 units at P 3.00 16 Issued 12,000 units 25 Purchased 3,000 units at P 3. 10 28 Issued 7,000 units 1 Add file Compute for the ending inventory using Moving Average method * A. The Love & Kisses, Inc., made the following material purchases and issuances during November Nov 1 Inventory 10,000 units at P 2.00 6 Purchased 6,000 units at P 2.80 10 Purchased 4,000 units at P 3.00 16 Issued 12,000 units 25 Purchased 3,000 units at P 3.10 28 Issued 7,000 units 1 Add fileCompute for the cost of materials issued using F1 F0 method 1\" A. The Love a Kisses, 11112.. made the following. moietial purchases and issuances during November Nov 1 Inventory.r 10,000 mils at P 2.00 0 Purchased 0,000 mils at P 2.00 10 Purchases! 4,000 mils at P 3.00 10 Issued 12,000 units 25 Purchased 3,000 mils at P 3.10 20 Issued I000 units ,1, Add file Compute for the cost of materials issued using Weighted Average method * A. The Love :5: Kisses, Inc, made the following material purchases and issuances during November him.r 1 Inventory.r 10,000 mils at P 2.00 0 Purchased l0,000 mils at P 2.00 10 Purchased 4,000 mils at P 3.00 10 Issued 12,000 uniis 25 Purchased 3,000 mils at P 3.10 20 Issued 2,000 units ,1, Add file
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
