Question: Please help me solve for the ending inventory using dollar - value lifo using the informatjon given Ending inventoryunits December 3 1 , 2 0
Please help me solve for the ending inventory using dollarvalue lifo using the informatjon given
Ending inventoryunits
December
December by purchase date
December
July
During the year, the following purchases and sales were made.
tablePurchasesSalesMarch units,at$April July units,atAugust September units,atNovember December units,atDecember
The company uses the periodic inventory method.
a
a
b
Your answer is correct
Calculate the price index for Assume that the December purchase cost is the current cost of inventory Hint The beginning inventory is the base layer priced at $ per unitRound answer to decimal places, e
Price index
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Attempts: unlimited
b
Your answer is incorrect
Ending inventory at dollarvalue LIFO $
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