Windsor s has the following inventory data Nov 1 Inventory 26 units $ 5 20 each 8 Purchase 103 units $ 5 55 each 17 Purchase 52 units $ 5 40 each 25 Purchase 77 units $ 5 70 each A physical count of merchandise inventory on November 30 reveals that there are 86 units on hand Cost of goods sold unde...

Answer 958 Explanation Total units purchased in November 26 103 52 77 258 Merchandise in ...

Windsor s has the following inventory data: Nov. 1 Inventory 26 units @ $ 5.20 each 8

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Windsors has the following inventory data:

Nov. 1	Inventory	26 units @ $5.20 each
8	Purchase	103 units @ $5.55 each
17	Purchase	52 units @ $5.40 each
25	Purchase	77 units @ $5.70 each

A physical count of merchandise inventory on November 30 reveals that there are 86 units on hand. Cost of goods sold under LIFO is

$488.$939.$468.$958.

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Principles of cost accounting

ISBN: 9780840037039

15th Edition

Authors: Edward J. Vanderbeck

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Posted Date: Jan 16, 2022 08:38 PM

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Windsor s has the following inventory data: Nov. 1 Inventory 26 units @ $ 5.20 each 8

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Answer 958 Explanation Total units purchased in November 26 103 52 77 258 Merchandise in... View the full answer

Principles of cost accounting

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