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Linear Furnishing Sdn Bhd is a manufacturer of garden furniture. The company has consistently used weightage average cost in valuing inventory, but it is interested
Linear Furnishing Sdn Bhd is a manufacturer of garden furniture. The company has consistently used weightage average cost in valuing inventory, but it is interested to know the effect on its inventory valuation of using FirstIn FirstOut method FIFO
At February the company had inventory of standard plastic tables at RM per unit.
During March the movements on the inventory of tables were as follows:
tableDateNumber of units,tableProduction Costper unitProduction:
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