Question: Please answer 24 and 25 You anda mimswdtor Mastering Inventory If wod 24. TeCo uses the perpetual method and FIFO costing. TeCo's December 31 18
Please answer 24 and 25

You anda mimswdtor Mastering Inventory If wod 24. TeCo uses the perpetual method and FIFO costing. TeCo's December 31 18 0 SXOS 20X5 inventory consists of 800 units @ $7. In 2046, TeCo's merchandise' ni 2180 win purchases and sales are as follows: 10 Jaco 8X08 alofot elman 008, I to eat Purchases X08 , (8 190 Sales . at bloe aboog February 24 1, 700 @ $ 9 00 June 11 008.088 . ooe,eve .d! 000 2,000 @ $25 August 17 2,100 @ $11 ideroqo anigod oom es slab gniwollof September 1 OfTi.bas bordtom 1,600 @ $28 October 19 3,000 @ $14 November 29 2,700 @ $30 a TeCo's December 31, 20X6 ending inventory is ... a. $18,200 b. $12,600 c. $11, 700 d. $10,100 25. PaCo begins business in 20X3, uses the periodic method and LIFO costing and makes the following merchandise purchases: 1,300 @ $50 edw . IS rodmoosd nO January 14 000, TS 000.TS March 11 2,800 @ $55 aelsa 000, al 000.81 August 23 1,700 @ $58 abood 10 Jao) Frednoval 000, TS November 1 1,200 @ $60 000.TS 008 e inventory is . . . If PaCo's December 31, 20X3 inventory contains 1,500 units, its ending bloa ebooD 10 JaoO 000.TS a. $89,400 b. $76,000 odnevni 000,VS c. $90,000 d. $75,000 ooe It bloe abood To Jao 000.VS 000,TS sidevisoofl elmuogoA b 000.SI Tealce 1000, ST. bloe aboo5 to teo))
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