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hi, can you please help me with the following question determine the cost of inventory using FIFO periodic and perpetual methodology. these are the reported
hi, can you please help me with the following question determine the cost of inventory using FIFO periodic and perpetual methodology. these are the reported for January
;purchases
units cost per unit
jan 1 1 400 $3.00
10 1300 $3.10
feb 13 700 $3.40
feb 27 600 $3.75
sales
units cost per unit
jan 2 300 $6.00
feb 28 400 $6.50
thanks, this is very helpful
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