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During April, Leary company sold 900 units of product q. It's beginning inventory and purchases during the month were as follows: 28. During April, Leary
During April, Leary company sold 900 units of product q. It's beginning inventory and purchases during the month were as follows:
28. During April, Leary Company sold 900 units of Product Q. Its beginning invento and purchases during the month were as follows: 1 Beginning inventory 5 Purchases 10 Purchases 15 Purchases 20 Purchases 25 Purchases Apr. 1 200 units @ S1 200 units @ $2 200 units @ $3 200 units @s4 200 units @ $5 200 units @ $6 Compute the cost of the ending inventory under the average-cost method. a. $1,050 b. $ 400 c. $1,700 d. $2,100 29. During April, Leary Company sold 900 units of Product Q. Its beginning inventory and purchases during the month were as follows: 1 Beginning inventory 5 Purchases 10 Purchases 15 Purchases 20 Purchases 25 Purchases 200 units @ SI 200 units @ $2 200 units @ $3 200 units @ $4 200 units @ss 200 units @ S6 Compute the cost of the ending inventory under the LIFO method. a. $1,050 b. S 400 c. $1,700 d. $2,100 Step by Step Solution
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