Question
Could you explain these two questions with excel sheet, please? I highly appreciate it! Company uses FIFO cost method and he weighted average cost in
Could you explain these two questions with excel sheet, please? I highly appreciate it!
Company uses FIFO cost method and he weighted average cost in a periodic inventory system. At December 31, 2018 the accounting records provided the following inventory information: The company had 4,000 units unsold as of December 31. What is the total cost of sales and the cost of ending inventory in 2018?
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Financial & Managerial Accounting
Authors: Jan Williams, Sue Haka, Mark Bettner, Joseph Carcello
15th Edition
0073526991, 9780073526997
