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Complete the following subsidiary inventory ledger using the perpetual FIFO method of inventory flow. Inventory Valuation Perpetual FIFO Date July 2 Bal. July 5 Bal.
Complete the following subsidiary inventory ledger using the perpetual FIFO method of inventory flow. Inventory Valuation Perpetual FIFO Date July 2 Bal. July 5 Bal. July 7 Bal. July 10 Bal. July 12 Purchased Units 600 200 325 Unit Units Cost Sold $12 $13 $14 300 300 150 Check My Work Ormore Check My Work uses remaining. $ Unit Cost 12 X X X Inventory Units Balance 600 600 200 300 X 200 X X X X X $ $ $ $ Unit Costs 12 12 13 12 X 13 X X X X X X Inventory Dollar $ Balance 7,200 7,200 7,200 2,600 X X X X X X X X X X Previous Next >
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