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Nash Corporation began operations on December 1 , 2 0 2 4 . The only inventory transaction in 2 0 2 4 was the purchase
Nash Corporation began operations on December The only inventory transaction in was the purchase of inventory on
December at a cost of $ per unit. None of this inventory was sold in Relevant information is as follows.
Ending inventory units
December
December by purchase date
December
July
During the year, the following purchases and sales were made.
The company uses the periodic inventory method.
a
Your answer is correct.
Calculate the weightedaverage cost per unit. Round answer to decimal places, eg
Weightedaverage cost $
eTextbook and Media
Your answer is correct.
Determine ending inventory under specific identification, FIFO, LIFO, and averagecostRound answers to decimal
places, eg
eTextbook and Media
Attempts: of used
b
b
Determine ending inventory using dollarvalue LIFO. Assume that the December purchase cost is the current cost of
inventory. Hint: The beginning inventory is the base layer priced at $ per unit.Round answer to decimal places, eg
Ending inventory at dollarvalue LIFO $
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