Question: Using Weighted Average, FIFO and LIFO inventory cost flow methods calculate inventory. Be sure to show all work. Excel formulas NOT needed for this problem
| Using Weighted Average, FIFO and LIFO inventory cost flow | ||||||
| methods calculate inventory. Be sure to show all work. | ||||||
| Excel formulas NOT needed for this problem | ||||||
| Beginning Inventory | 200 units @$10 | |||||
| January purchase | 300 units @$11 | |||||
| February purchase | 400 units @$12 | |||||
| March purchase | 500 units @$13 | |||||
| SOLD 600 UNITS | ||||||
| Please calculate following and show the solution Weighted Average FIFO LIFO | ||||||
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