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Just need help with part a2 please Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For
Just need help with part a2 please "Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25 and ending inventory values to 0 decimal places, e.g. 515.)"
Question 4 Blue Spruce Corp. began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purchases and sales. Units Purchases Unit Cost $62 Sales Units Date July 1 July 6 July 11 July 14 July 21 July 27 $66 $70 (al) Your answer is correct. Calculate average cost for each unit. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25.) July 1 62 July 6 July 11 Ill July 21 July 27 (a2) Determine the ending inventory under a perpetual inventory system using (1) FIFO, (2) moving-average, and (3) LIFO. (For calculation and answers purpose round unit costs to 2 decimal places, e.g. 15.25 and ending inventory values to 0 decimal places, e.g. 515.) FIFO MOVING-AVERAGE LIFO The ending inventory under a perpetual inventory system LINK TO TEXTStep by Step Solution
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