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ABC Distribution markets CD's of the performing artist. Beginning inventory of 2,000 at $7. They made the following purchases: oct.3- 2,500 @ $8. oct 9
ABC Distribution markets CD's of the performing artist. Beginning inventory of 2,000 at $7. They made the following purchases: oct.3- 2,500 @ $8. oct 9 - 3,500 @ $9 oct 19- 3,000 @ $10 and oct 25- 4,000 @ $11. determine the ending inventory and the cost of goods for FIFO,LIFO and Average Cost inventory cost flow methods
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