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Brooklyn Corporation had the following transactions relating to product X during September DATE UNITS UNIT COSTS SEPTEMBER 1 Balance on hand 600 $1.50 6
Brooklyn Corporation had the following transactions relating to product X during September DATE UNITS UNIT COSTS SEPTEMBER 1 Balance on hand 600 $1.50 6 Purchase 200 2.00 12 Sale 400 13 Sale 100 18 Purchase 250 3.00 20 Purchase 150 3.50 25 Sale 300 (A) Determine the value of Periodic ending inventory under each of the following costing methods: (B) Determine the number of units in Periodic ending inventory under each of the following costing methods: Show your calculations.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
