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Given the following inventory activity, what is ending inventory using the perpetual FIFO costing method? (Round any intermediary calculations to the nearest cent and your
Given the following inventory activity, what is ending inventory using the perpetual FIFO costing method? (Round any intermediary calculations to the nearest cent and your final answer to the nearest dollar.) A. 180 units at $4.08 B. 165 units@ $5.00 and 15 units @ $3.00 C. 170 units @ $5.00 and 10 units @ $4.25 D. 125 units@ @ $5.00 and 40 units @ $3.00 and 15 units @ $4.25
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
1118334329, 978-1118334324
