Question
9. 20 Points Date Quantity Cost Total Cost Aug 1st Beginning Inventory 10 $91 $910 Aug 3rd 25 $100 $2,500 Aug 17th 25 $112
9. 20 Points Date Quantity Cost Total Cost Aug 1st Beginning Inventory 10 $91 $910 Aug 3rd 25 $100 $2,500 Aug 17th 25 $112 $2,800 Aug 28th 35 $114 $3,990 Total Purchases 85 $9,290 Available for sale 95 $10,200 Units Sold Ending Inventory 43 ? 52 ? Calculate the units sold $ and the Ending Inventory $ the following: a. Weighted average b. First In, First Out (FIFO) c. Last In, First Out (LIFO) 2 E
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Financial Accounting in an Economic Context
Authors: Jamie Pratt
9th edition
9781118803035, 1118582551, 1118803035, 978-1118582558
