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Boxwood Company sells blankets for $36 each. The following information was taken from the inventory records during May. The company had no beginning inventory on
Boxwood Company sells blankets for $36 each. The following information was taken from the inventory records during May. The company had no beginning inventory on May 1. Boxwood uses a perpetual inventory system. Date May 3 10 17 20 23 30 Blankets a. $672 b. $528 c. $476 Od. $420 Purchase Sale Purchase Sale Sale Units 9 3 16 4 2 ~ 12 Cost $17 Purchase $24 Determine the May 31 inventory balance using the FIFO inventory costing method. $15 ANSWER ASAP!!!!! Boxwood Company sells blankets for $36 each. The following information was taken from the inventory records during May. The company had no beginning inventory on May 1. Boxwood uses a perpetual inventory system. Determine the May 31 inventory balance using the FIFO inventory costing method. a. $672 b. $528 c. $476 d. 5420
Boxwood Company sells blankets for $36 each. The following information was taken from the inventory records during May. The company had no beginning inventory on May 1. Boxwood uses a perpetual inventory system. Date May 3 10 17 20 23 30 Blankets a. $672 b. $528 c. $476 Od. $420 Purchase Sale Purchase Sale Sale Units 9 3 16 4 2 ~ 12 Cost $17 Purchase $24 Determine the May 31 inventory balance using the FIFO inventory costing method. $15
ANSWER ASAP!!!!!
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