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Consider the following inventory records for Emoji Corporation: Date Transaction Number of Units Unit Cost Feb. 1 Beginning inventory 410 $ 2.36 Feb. 19 Purchase
Consider the following inventory records for Emoji Corporation: Date Transaction Number of Units Unit Cost Feb. 1 Beginning inventory 410 $ 2.36 Feb. 19 Purchase 330 2.68 The company sold 590 units of inventory during the month. Calculate ending inventory assuming the company uses FIFO. (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
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The Financial Numbers Game
Authors: Charles W Mulford, Eugene E Comiskey
1st Edition
0471770736, 9780471770732
