Question: It is to be done using FIFOmethod !! Do give explanation. Thank you The following information is for the inventory of mini-kettles at Blue Spruce

It is to be done using "FIFO"method !!

Do give explanation. Thank you It is to be done using "FIFO"method !! Do give explanation.

Thank you The following information is for the inventory of mini-kettles at

The following information is for the inventory of mini-kettles at Blue Spruce Company Limited for the month of May. Assuming that the perpetual inventory method is used, calculate the inventory cost at May 31 under moving-average. (Round unit cost to 3 decimal places, e.g. 52.752 and final answer to 2 decimal places, e. . 52.75.) Ending inventory

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