Question: During June, the following changes in inventory item 2 7 took place: table [ [ June 1 , Balance, 1 , 4 9 0
During June, the following changes in inventory item took place:
tableJune Balance, units @$Purchased units @ $Purchased, units @ $Sold, units @ $Sold, units @ $Sold, units @ $
Perpetual irventories are maintained.
a
Your answer is correct.
What is the cost of the ending inventory for item under the FIFO method?
Cost of the ending inventory
Attempts: of used
b
What is the cost of the ending inventory for item under the LIFO method?
Cost of the ending inventory
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