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Angel Company provided the following data for June 30: June 1 Balance 5,000 units @ P20.00 each June 3 Sale 3,000 units @ P35.00 each

Angel Company provided the following data for June 30:

June 1 Balance 5,000 units @ P20.00 each

June 3 Sale 3,000 units @ P35.00 each

June 10 Purchases 6,000 units @ P21.50 each

June 13 Purchases 3,000 units @ P20.50 each

June 20 Sales 1,500 units @ P35.00 each

June 25 Purchases 2,000 units @ P22.00 each

June 28 Sales 5,500 units @ P35.00 each

June 30 Sales 2,500 units @ P35.00 each

Requirements: Compute the inventory cost at the end of June based on the following cost-flow assumptions:

1. Specific Identification. Assume that the inventory left at the end of the month came from the June 10 purchases.

2. FIFO - Periodic

3. FIFO - Perpetual

4. Weighted Average

5. Moving Average - Perpetual

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