Question
June 1 Inventory 260 $3 $780 12Purchase 520 8 4,160 23 Purchase 390 11 4,290 30 Inventory 130 Compute the cost of the ending inventory
June 1 Inventory 260 $3 $780
12Purchase 520 8 4,160
23 Purchase 390 11 4,290
30 Inventory 130
Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO.
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
