Question: Please prepare and complete working out the problem FIRST before answering questions 1a, 1b, 1c, 1d, and 1e. You will be calculating the FIFO and
Please prepare and complete working out the problem FIRST before answering questions 1a, 1b, 1c, 1d, and 1e. You will be calculating the FIFO and LIFO cost fow assumptions. Riey is a York Coliege student who sells botted water during the hot summer months. Rulay sold each bottied water for $1.00. Below are information for the month of fuly 2023 : Jul ist began the month with 350 botled water priced at 50.50 per botsle Ju 3 d: purchmsed 500 botlied water priced at $0.55 per botile Jul i7th. purchased 300 botted waler priced at $0.75 per bottle. Jul 31 tst a manual court resulhed in 450 botted water an hand Ouestion ta: What is the lotwi number of units avalable for sale? 1.200 unts 2. 1,200 units 3,1,150 unth 4. 850 units QUESTION 2 How many unte vere spld sold in July 2023 ? L.6so units. 2700 unts. 3.000 unte 4.45 unda Quesnons 145000 2. 207000 QUESTION 4 two 00 Lstisos 146000 14800
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