Question: Question 3 - Part2 -2 Marks ( 4 Minutes) Show Ltd had the following inventory activity during April: Units Unit cost Total cost Beginning inventory
Question 3 - Part2 -2 Marks ( 4 Minutes) Show Ltd had the following inventory activity during April: Units Unit cost Total cost Beginning inventory 800 $10.00 $8,000 Purchase April 4 1,400 11.00 15,400 Sale: April (1.500) Purchase: April 12 900 10.50 9,450 Sales: April 24 1900) 1 Shillings is using a perpetual system and the FIFO costing assumption, what is the ending inventory valuation
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