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A company has the following purchases and sales during its first year of operationThe table shows, beginning, inventory, purchases sales Beginning inventory 8 0 units
A company has the following purchases and sales during its first year of operationThe table shows, beginning, inventory, purchases sales Beginning inventory units at $ March purchases units at $ sales units April purchases units at $ sales unitsAugust purchases units at $ sales unitsDecember purchases units at $ sales unitsOn December there were units remaining in ending inventory. Assume all cells are made on the last day of the month. Using the perpetual FIFO inventory costing method what is the value of cost of goods sold? Using the perpetual FIFO inventory costing method. What is the value of ending inventory?
A company has the following purchases and sales during its first year of operationThe table shows, beginning, inventory, purchases sales Beginning inventory units at $ March purchases units at $ sales units April purchases units at $ sales unitsAugust purchases units at $ sales unitsDecember purchases units at $ sales unitsOn December there were units remaining in ending inventory. Assume all cells are made on the last day of the month. Using the perpetual FIFO inventory costing method what is the value of cost of goods sold? Using the perpetual FIFO inventory costing method. What is the value of ending inventory?
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