Question: please help P5-42A. FIFO, LIFO, and average cost (Learning Objectives 2 & 3) 15-20 min. MAC Industries, Inc., completed the following inventory transactions during the



please help
P5-42A. FIFO, LIFO, and average cost (Learning Objectives 2 \& 3) 15-20 min. MAC Industries, Inc., completed the following inventory transactions during the month of July: FINANCIAL ACCOUNTING - Fifth Edition P 542A 1. Prepare a perpetual inventory record using FIFO. 2. Prepare a perpetual inventory record using LIFO. 3. Prepare a perpetual inventory record using average cost. Round average cost per unit to the nearest cent and all other amounts to the nearest dollar
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