Look back to Table 9.1 and write your own table of data for goods received, unit price,

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Look back to Table 9.1 and write your own table of data for goods received, unit price, price paid and goods issued to production. Create calculations of cost of goods sold, using the various models in Table 9.1 (FIFO, LIFO and average price). Check that the value of goods issued to production, plus the value of goods held in stock, will always add up to the same answer in total.

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