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Compute the inventory at April 30 using the PERPETUAL method. LIFO FIFO Average Cost SHOW ALL YOUR CALCULATIONS AND WORK. 14 (FIFO, LIFO and Average-Cost
Compute the inventory at April 30 using the PERPETUAL method. | ||||||||
LIFO FIFO Average Cost |
SHOW ALL YOUR CALCULATIONS AND WORK.
14 (FIFO, LIFO and Average-Cost Determination) John Adams Company's record of transactions for ES- the month of April was as follows. Purchases Sales April 1 (balance on hand) 600$6.00 1,500 6.08 800 6.40 500 $10.00 9 1,400 10.00 600 11.00 23 1,20011.00 900 12.00 April 3 13 21 29 1,200 6.50 700 6.60 500 6.79 27 4,600 5,300Step by Step Solution
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