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Consider the following Warehouse Inventory movement ( Supplier - Warehouse - Production ) of Chemical X with highly volatile price:NOVEMBER 0 1 : Inventories on
Consider the following Warehouse Inventory movement Supplier Warehouse Production of Chemical X with highly volatile price:NOVEMBER : Inventories on hand are units at Rack for $unit and units at Rack for $unitNOVEMBER : Purchased units at $NOVEMBER : units issued to production.NOVEMBER : units of inventories purchased on NOVEMBER at $ are returned to the supplier.NOVEMBER : units issued to production.NOVEMBER : units issued to production.NOVEMBER : units purchased at $NOVEMBER : units issued to factory.NOVEMBER : units purchased at $NOVEMBER : units from November issuance were returned to warehouse due to production line shut down. units were assessed to be in good condition.
Create a stock card using the given inventory flow
What is the ending Inventory At what period range did the warehouse experience out of stock?
Calculate the total ending inventory cost using LIFO, FIFO and weighted Moving averagemethod of valuing Inventory
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