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FIFO LIFO find weighted average ? For the Jan 1 to Feb 10 Period, calculate the following: Costs of Goods Closing Inventory Sold FIFO LIFO
FIFO
LIFO
find weighted average ?
For the Jan 1 to Feb 10 Period, calculate the following: Costs of Goods Closing Inventory Sold FIFO LIFO WAC M 1 FIFO VALUATION Date Units Receipt Unit Cost Units Units break down Issues Total Cost of Unit Cost Issue Units Units Balance Total Cost break Unit Cost of Inventory down 200 $4.00 $800.00 1-Jan |10-Jan 250 $4.15 $4.35 15-Jan 250 300 30-Jan 5-Dec 10-Feb 300 $4.50 300 E F G H 1 M N 1 LIFO VALUATION Date Units Receipt Unit Cost Units Units break down Issues Total Cost of Unit Cost Issue Units Units break down 200 Balance Total Cost of Unit Cost Inventory 200 $4.00 $800.00 250 250 $4.15 $4.35 3 1-Jan 4 10-Jan 5 15-Jan 6 30-Jan 7 5-Dec 8 10-Feb 300 300 $4.50 300 9 A B D E F G H K M N Date Units Receipt Unit Cost Units Units Issues break Unit Cost down Total Cost of Issue Units Balance Total Cost Unit Cost of Inventory 2 200 $4.00 $800.00 250 $4.15 $4.35 250 3 1-Jan 4 10-Jan 5 15-Jan 6 30-Jan 7 5-Dec 8 10-Feb 300 300 $4.50 300 9Step by Step Solution
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