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Need help asap thank you!!! Zippy Shoe Company uses a periodic Inventory system. Zippy purchased 440 pairs of shoes at $61 each in June. 985
Need help asap thank you!!!
Zippy Shoe Company uses a periodic Inventory system. Zippy purchased 440 pairs of shoes at $61 each in June. 985 pairs in August at $63 each and 640 pairs in December at $66 each. Zippy sold 1,900 pairs of shoes during the year. Required: Calculate the company's ending inventory and cost of goods sold using the each of following Inventory costing methods. a FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required a Required B Required Calculate the company's ending inventory and cost of goods sold using the FIFO Inventory costing method. Cost of Goods Sold Ending Inventory Round Required B a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Required A Required B Required Calculate the company's ending inventory and cost of goods sold using the LIFO Inventory costing method. Cost of Goods Sold Ending Inventory Step by Step Solution
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