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do this for Fifo, Lifo, and weighted average cost Required information M7.11 to 13 Calculating cost of Goods Available for sale, cost of Goods Sold,
do this for Fifo, Lifo, and weighted average cost
Required information M7.11 to 13 Calculating cost of Goods Available for sale, cost of Goods Sold, and finding Inventory under Periodic FIFO, UFO, and Weighted Average Cost [LO 7-3) The following information is to the questions played below! Instist month of operations, Literacy for the interne opened a new bookstore and bought merchandise in the folowing order: (1150 units 57 on January (2) 500 units 158 January Bond) 890 units at $10 on January 20 M7-11 Calculating cost of Goods Avaliable for Sale, Cost of Goods Sold, and Ending Inventory under Periodic FIFO (LO7-3) Assume lo units are on hand at the end of the month, calculate the cost of goods available for sale, ending inventory, and costat goods sold under FF. Assume a periodic inventory system is used (Round "Cost per Unit" to 2 decimal places Cost format for Sale nagy Costach Step by Step Solution
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