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Chicago Brewing Groups inventory of espresso machines (Model 614) during 2022 is given below. The company uses a periodic inventory system. # UnitsUnit CostBeginning Inventory,
Chicago Brewing Groups inventory of espresso machines (Model 614) during 2022 is given below. The company uses a periodic inventory system.
# UnitsUnit CostBeginning Inventory, January 1, 2022 45 $67 Purchases: January 18 23 70 March 31 28 73 October 20 33 67 November 11 13 62 Ending Inventory, December 31, 2022 6
What is the cost of the ending inventory and the cost of goods sold? Assume Chicago Brewing utilizes the FIFO method.
Show all of your work in the worksheet space provided. Round your answers to 2 decimal places.
Chicago Brewing Group's inventory of espresso machines (Model 614) during 2022 is given below. The company uses a periodic inventory system. What is the cost of the ending inventory and the cost of goods sold? Assume Chicago Brewing utilizes the FIFO method. Show all of your work in the worksheet space provided. Round your answers to 2 decimal places
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