Question: Use both FIFO and WEIGHTED AVE in computing the required balances: June 1 Balance June 3 issued June 5 Purchased June 6 issued June 15

 Use both FIFO and WEIGHTED AVE in computing the required balances:

Use both FIFO and WEIGHTED AVE in computing the required balances: June 1 Balance June 3 issued June 5 Purchased June 6 issued June 15 Issued June 18 Purchased June 25 Issued 800 @P4.00 50 300 @ P4.50 250 400 300 @ P5.00 100 a. 1. Using FIFO method compute for the cost of Inventory Value b. Materials Issued 2. Using average method compute for the cost of Inventory Value b. Materials Issued a

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