Question
1-JAN 30 UNITS @2 each on hand 1-FEB Purchased 40 units @ $3 each 1-MAR Purchased 50 units @ $4 each 1-APR Purchased 60 units
1-JAN 30 UNITS @2 each on hand
1-FEB Purchased 40 units @ $3 each
1-MAR Purchased 50 units @ $4 each
1-APR Purchased 60 units @ $5 each
What is the ending inventory using FIFO cash flow assuming 130 units sold for $8?
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Banking And Finance Issues In Emerging Markets
Authors: William A. Barnett
1st Edition
1787564541, 9781787564541
