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On the second photo, an explaination would be helpful because im not sure what i did wrong. Thanks so much! ./1 View Policies Current Attempt
On the second photo, an explaination would be helpful because im not sure what i did wrong. Thanks so much!
./1 View Policies Current Attempt in Progress Sunland Shutters has the following inventory information. Nov. 1 Inventory 8 Purchase 17 Purchase 25 Purchase 30 units @ $6.00 100 units @ $6.00 40 units @ $6.00 100 units @ $7.00 A physical count of merchandise inventory on November 30 reveals that there are 80 units on hand. Assume a periodic inventory system is used. Ending inventory under LIFO is O $560. O $1583 O $480. O $1637 e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer Show Attempt History Current Attempt in Progress * Your answer is incorrect. In its first month of operations, Crane Company made three purchases of merchandise in the following sequence: (1) 290 units at $6, (2) 420 units at $7, and (3) 220 units at $8. Assuming there are 370 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method. Crane uses a periodic inventory system. FIFO LIFO Ending inventory 360 2210 e Textbook and Media Save for Later Attempts: 1 of 3 used Submit Step by Step Solution
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