Question
A company's inventory records indicate the following data for the month of September: Sept 1 beginning 250 units at $10 each Sept 5 purchased 150
A company's inventory records indicate the following data for the month of September:
| Sept 1 | beginning | 250 units at $10 each |
| Sept 5 | purchased | 150 units at $11 each |
| Sept 10 | sold | 300 units |
| Sept 20 | purchased | 400 units at $14 each |
| Sept 25 | sold | 200 units |
If the company uses the perpetual inventory system, what would be the cost of its ending inventory and the cost of goods sold for July based on FIFO, LIFO and Weighted Average methods?
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Accountability Of Local Authorities In England And Wales, 1831-1935 Volume 1
Authors: Hugh Coombs, J. R. Edwards
1st Edition
1138965758, 9781138965751
