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Jan 1 inventory 50 units at 106$ Mar 10 purchase 60 units at 108$ Aug 30 purchase 20 units 126 Dec 12 purchase 70 units
Jan 1 inventory 50 units at 106$ Mar 10 purchase 60 units at 108$ Aug 30 purchase 20 units 126 Dec 12 purchase 70 units 130 There are 80 units of the item in the physical inventory at December 32 FIFO LIFO Weighted average cost
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Intermediate Accounting
Authors: kieso, weygandt and warfield.
14th Edition
9780470587232, 470587288, 470587237, 978-0470587287
