Question: ent BACK Exercise 8-14 (Part Level Submission) The following is a record of Blossom Company's transactions for Boston Teapots for the month of May 2017
ent BACK Exercise 8-14 (Part Level Submission) The following is a record of Blossom Company's transactions for Boston Teapots for the month of May 2017 May 1 Balance 460 units$20 May 10 Sale 345 units $35 12 Purchase 690 units $24 20 Sale 621 units $35 28 Purchase 460 units $30 | (a) Your answer is correct. that perpetual Inventories are not maintained and that a physical count at the end of the month shows 644 units on hand, what is the cost of the ending inventory using (1) FIFO and (2) LIFO FIFO LIFO Ending Inventory 18216 13616 Click if you would like to Show Work for this questions Open Show Werk Attempts: 1 of 3 used
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