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Flounder Limited uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [18] in the following
Flounder Limited uses the FIFO cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [18] in the following perpetual inventory schedule:
Purchases Cost of Date Units Cost Total Units Cost Apr. 1 6 26 [1] $ $338 9 13 [7] $ 11 [8] $ 14 [13] $12 $144 Sold Balance Total Units Cost Total 13 $16 [2] [3] $ ] 4] [ [5] $ [6] $ [9] $ [10] [11] $ [12] $ [14] [15] $ [16] [17] $ [18] $ Balance Units Cost Total 13 $16 $208 [2] [3] $ [4] [5] $ [6] $ [10] [11] $ [12] $ [14] [15] $ [16] [17] $ [18] $
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