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need answer for C Itwentory information for Part 311 of Tamarisk Corp. discloses the following information for the month of June. Your answer is correct.
need answer for C
Itwentory information for Part 311 of Tamarisk Corp. discloses the following information for the month of June. Your answer is correct. Assuming that the periodic imventory method is used, compute the cost of goods soid and ending inventory under (1) LIFO and (2) FIFO. eTextbook and Media Attempts: 1 of 3 used (b) Assuming that the perpetual inventory method is used and costs are computed at the time of esch withdrawal, what is the value of the ending inventory at LIFO? The ending inventory at LIFO Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO. eTextbook and Media Attempts: 1 of 3 used (b) Assuming that the perpetual inventory method is used and costs are computed at the time of each withidrawal, what is the value of the ending inventory at LIFO? The ending inventory at LiFO $ (c) 2. Your answer is incorrect. Assuming that the perpetual inventory method is used and costs are computed at the time of each withdrawal, what is the gross profit if the inventory is valued at FIFO? Gross profit(FIFO) Step by Step Solution
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