Question: inventory perpetual P 85 Various inventory costing methods GLOB-1, LO -4 A company began Jamuary with 6,000 units or ias principal prodoct. The cont of
P 85 Various inventory costing methods GLOB-1, LO -4 A company began Jamuary with 6,000 units or ias principal prodoct. The cont of eich unit is S8, Imentory transactions fin the modth of January are as follos: 8.000 units were on hand at the end of the month Reguired: Calculate Janury's cadine wientory and cont of soods wold for the nooth using each of the foltowing alternative: 1. FIFO. periodic system 2. L.IFO, periodic syiem 3. HFO, perpetual syvem 4. Averige cost, periodic sysem 5. Average coit, perpetual system
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