Question: Unit Total Date Explanation Units Cost Cost May 1 Inventory 29 $10 $290 May 15 Purchase 26 11 286 May 18 Sale (48 )
Unit Total Date Explanation Units Cost Cost May 1 Inventory 29 $10 $290 May 15 Purchase 26 11 286 May 18 Sale (48 ) May 24 Purchase 36 12 432 Total 91 $1,008
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FIFO Purchases Cost of goods sold Inventory Balance Date of units Cost per unit Total ... View full answer
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