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Assume that Oriole Company has the following transactions in its first month of operations. table [ [ Date , Purchases,Sold,Balance ] , [ Feb
Assume that Oriole Company has the following transactions in its first month of operations. tableDatePurchases,Sold,BalanceFeb@$ unitsFeb@$ unitsFeb units, unitsFeb@$ units a Your answer is partially correct. Compute cost of goods sold and ending inventory at February assuming Oriole uses a perpetual inventory system and the FIFO cost flow assumption. Round answers to decimal places, eg FIFO Cost of goods sold Ending inventory
Assume that Oriole Company has the following transactions in its first month of operations.
tableDatePurchases,Sold,BalanceFeb@$ unitsFeb@$ unitsFeb units, unitsFeb@$ units
a
Your answer is partially correct.
Compute cost of goods sold and ending inventory at February assuming Oriole uses a perpetual inventory system and the FIFO cost flow assumption. Round answers to decimal places, eg
FIFO
Cost of goods sold
Ending inventory
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