Question: E - F: 6 - 1 5 Comparing inventory methods Western Michigan C - Store, a regional convenience store chain, maintains milk inventory by the
EF: Comparing inventory methods Western Michigan CStore, a regional convenience store chain, maintains milk inventory by the gallon. The first months milk purchases and sales at its Kalamazoo, Michigan, location follow:
Nov. Purchased gallons @ $ each Purchased gallons @ $ each Sold gallons of milk to a customer
Purchased gallons @ $ each Sold gallons of milk to a customer Determine the amount that would be reported in ending merchandise inventory on November using the FIFO inventory costing method.
Determine the amount that would be reported in ending merchandise inventory on November using the LIFO inventory costing method.
Determine the amount that would be reported in ending merchandise inventory on November using the weightedaverage inventory costing method. Round all amounts to the nearest cent. Ending Merch Inventory. Please make a chart will doing this problem
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