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Baghdad Univercity Higher Institute of Accounting and Financial studies Department of Accounting studies The First stage / Legalie Accounting & cost and Administrative Accounting Dr.

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Baghdad Univercity Higher Institute of Accounting and Financial studies Department of Accounting studies The First stage / Legalie Accounting & cost and Administrative Accounting Dr. Wafaa AL. Haidari Financial Accounting as follows: Q: Compute Specific Identification, FIFO, and Average - Cost , Iraq Company Record Transaction for the April 2014 Purchases - Aprili, Balance on hand 200 @ $ 10 , 800 @ 600 @ 10.60 10.20 ) 19, Hoo 10, 70 25, 30 00 Il. 60 300 Sales: April 5, boo unit 12, 400 27, 1600 28, Instructions: a. Compute the Ending Inventory at April. on each of the following bases. Assume that perpetual Inventory records are kept in units only. 30

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