Question: Exercise 6-5 (Algo) Calculate inventory amounts when costs are declining (LO6-3) During the year, Rosenberg Incorporated has the following inventory transactions. Date Transaction Number of

Exercise 6-5 (Algo) Calculate inventory amounts when costs are declining (LO6-3) During the year, Rosenberg Incorporated has the following inventory transactions. Date Transaction Number of Units Unit Cost Total Cost January 1 Beginning inventory 26 $28 $728 March 4 Purchase 31 27 837 June 9 Purchase 36 26 936 November 11 Purchase 36 24 864 129 $3,365 For the entire year, the company sells 99 units of inventory for $36 each. Required: 1-a & b. Using FIFO, calculate ending inventory and cost of go

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thank you! Exercise 6-5 (Algo) Calculate inventory amounts when costs are declining (LO6-3) During the year, Rosenberg Incorporated has the following inventory transactions. For the entire year, the...

Exercise 6.5 (Algo) Calculate inventory amounts when costs are declining (LO6-3) During the year, Rosenberg Incorporated has the following inventory transactions. For the entire year, the company...

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