how do i dertermine the endinding inventory under a perpetual invenotry system usin (1)FIFO,(2)moving-average cost, and (3)

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how do i dertermine the endinding inventory under a perpetual invenotry system usin (1)FIFO,(2)moving-average cost, and (3) LIFO (rounded average cost should be round to3 decimal places) please help ?

this was this average cost per unit

July 1 $150

july 6 $150

July 11 $ 160.50

July 14 $ 160.50

July 21 $ 170.65

July 27 $ 170.65

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Accounting Tools for Business Decision Making

ISBN: 978-1118128169

5th edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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Posted Date: Mar 21, 2024 07:33 AM

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how do i dertermine the endinding inventory under a perpetual invenotry system usin (1)FIFO,(2)moving-average cost, and (3)

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Here are the steps to determine ending inventory under different inventory costing methods 1 FIFO In... View the full answer

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