Question: Required information Problem 8 - 5 ( Algo ) Various inventory costing methods [ LO 8 - 1 , 8 - 4 ] [ The
Required information
Problem Algo Various inventory costing methods LO
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A company began January with units of its principal product. The cost of each unit is $ Inventory transactions for the month of January are as follows:
tablePurchasesDate of Purchase,Units,Unit CostTotal CostJanuary $
Please calculate January's ending inventory and cost of goods sold for the month using LIFO, periodic table. Here's what i need help with...
Under the "Cost of goods soldPeriodic LIFO" section, under "Number of units sold" i need the beginning inventory, January and January
Under the "Ending InventoryPeriodic LIFO" section, under "Number of units in ending inventory", i need beginning inventory, january and january Thanks, and i will upvote if all parts are done correctly.
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