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Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for ProductX Units Unlt Cost 2.000 $15 January
Oriole Company was formed on December 1, 2019. The following information is available from Oriole's inventory record for ProductX Units Unlt Cost 2.000 $15 January 1, 2020 beginning inventory) Purchases: January 5, 2020 January 25, 2020 February 16, 2020 March 15, 2020 2.500 2,200 1,100 2.200 $17 $1B $19 A physical inventory on March 31, 2020, shows 3,300 units on hand. (a) Prepare schedules to compute the ending inventory at March 31, 2020, under FIFO method. Orlole Company COMPUTATIONOF INVENTORY FOR PRODUCT X UNDER FIFO INVENTORY METHOD March 31, 2020 Units Unit Cost Total Cost March 15, 2020 $ $ February 16, 2020 March 31, 2020, inventory eTextbook and Media Attempts: 0 of 3 ured Submit Answer Save for Later Last saved 49 minutes ago. Saved work will be auto-submitted on the due date
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