Question: QUESTION 34 Beginning inventory, purchases, and sales data for hammers are as follows Mar 3 Beginning Inventory 12 units @ $25 Mar 11 Purchase 13
QUESTION 34 Beginning inventory, purchases, and sales data for hammers are as follows Mar 3 Beginning Inventory 12 units @ $25 Mar 11 Purchase 13 units @ 527 Mar 14 Sale 18 units Mar 21 Purchase units 330 Mar 25 Sale 10 units Assuming the business maintains the perpetual inventory system, calculate the cost of merchandise sold and ending inventory under the following coat fow assumption First In First Out Ending inventory Cost of Merchandise Sold Lastin. First Out Finding inventory Cost of Merchandise Sold
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