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flix History M Gmail YouTube Maps gnment Saved [The following information applies to the questions displayed below.] The Shirt Shop had the following transactions
flix History M Gmail YouTube Maps gnment Saved [The following information applies to the questions displayed below.] The Shirt Shop had the following transactions for T-shirts for Year 1, its first year of operations: Purchased 330 units @ $10 = Purchased 80 units @ $11 = January 201 April 21 July 25 Purchased 210 units @ $13= September 19 Purchased 60 units @ $14 = $ 3,300 880 Help Save During the year, The Shirt Shop sold 520 T-shirts for $19 each. Exercise 5-5 (Algo) Part a Required 2,730 840 a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flc assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. Note: Round intermediate calculations to 2 decimal places and final answers to nearest whole dollar amount. search FIFO LIFO Weighted Avarana < Prev 99+ 2 3 of 7 Next > 36F od Exercise 5-5 (Algo) Part a Required a. Compute the amount of ending inventory The Shirt Shop would report on the balance sheet, assuming the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average Note: Round intermediate calculations to 2 decimal places and finar answers to nearest whole dollar amount. FIFO ok LIFO Weighted Average Ending inventory
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