Question: I need help finding the LIFO section of the question no beginning inventory in January ...25 (24 points) PATTY, INC. open a small manufacturing firm
I need help finding the LIFO section of the question
no beginning inventory in January ...25 (24 points) PATTY, INC. open a small manufacturing firm on January 1, 20X1. Sales and Cost data for PATTY, INC. during the first two months of 20X1-are given below: January February Selling Price (per unit)... $10 $10 Fixed Costs (total).. Variable Costs (per unit).... Number of units produced.... Number of units sold...... Required (BE CERTAIN YOU PLACE THE ANSWER IN THE CORRECT SPACE ON THE SEPARATE ANSWER SHEET): Using the FIFO inventory method Absorption Costing Variable (Direct) Costing PATTY's' income for January is. PATTY's' income for January is........... 10.147 11. 143 151 PATTY's income for February is.............. Using the LIFO inventory method Pleme Hand Absorption Costing Variable (Direct) Costing m the PATTY'S PATTY's income for January is..........14_ 15. Degering Tuba PATTY's income for February is. ...16._
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