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IFRS please answer 1/2 inventory 300 units 3000 $ 2/2 purchases 500 units 7500$ 3/2 sold units 600 units for 1200$ cash 5/2 purchaes 400
IFRS please answer
1/2 inventory 300 units 3000 $ 2/2 purchases 500 units 7500$ 3/2 sold units 600 units for 1200$ cash 5/2 purchaes 400 units 1.4$ per unit units aold 450 units for 2.5$ for each Under 1) perpetual system -FIFO method and WA method compute Gross margin I 2) under periodical system Compute Gross margin using FIFO and WA? 6/2Step by Step Solution
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