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Date Activities Units Acquired at Cost Units Sold at Retail August 1 Beginning inventory 1 7 0 units @ $ 1 0 = $ 1
Date Activities Units Acquired at Cost Units Sold at Retail August Beginning inventory units @ $ $ August Purchase units @ $ $ August Sale units sold August Purchase units @ $ $ August Sale units sold Use the above information to calculate ending inventory using FIFO for a company that uses a perpetual inventory system.
Date Activities Units Acquired at Cost Units Sold at Retail
August Beginning inventory units @ $ $
August Purchase units @ $ $
August Sale units sold
August Purchase units @ $ $
August Sale units sold
Use the above information to calculate ending inventory using FIFO for a company that uses a perpetual inventory system.
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
