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Beginning inventory 150 Akira Company had the following transactions for the month. Cost per Unit $ 10 Number of units Purchased Mar. 31 160
Beginning inventory 150 Akira Company had the following transactions for the month. Cost per Unit $ 10 Number of units Purchased Mar. 31 160 130 50 Purchased Oct. 15 Ending inventory 12 15 ? Calculate the ending inventory dollar value for the period for each of the following cost allocation methods, using periodic inventory updating. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac).
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