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Calculate the Cost of Goods Sold, Ending Inventory and Cost of Goods Available for Sale for Perkins Inc using the following methods: Perpetual LIFO Perpetual
Calculate the Cost of Goods Sold, Ending Inventory and Cost of Goods Available for Sale for Perkins Inc using the following methods:
Perpetual LIFO
Perpetual FIFO
P6-5B You are provided with the following information for Perkins Inc. for the month ended October 31, 2017. Perkins uses a periodic method for inventory Date October 1 October 9 October 11 October 17 October 22 October 25 October 29 Units 60 120 100 70 60 80 110 Unit Cost or Selling Price $25 26 35 27 40 28 40 Description Beginning inventory Purchase Sale Purchase Sale Purchase SaleStep by Step Solution
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