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PLEASE FILL IN ALL BLANKS THERE ARE 4 BLANKS !! :) Exercise 6-5 Monty Corp. uses a periodic inventory system. Its records show the following
PLEASE FILL IN ALL BLANKS THERE ARE 4 BLANKS !! :)
Exercise 6-5 Monty Corp. uses a periodic inventory system. Its records show the following for the month of May, in which 74 units were sold Date May 1 Inventory 15 Units 32 23 37 92 Explanation Unit Cost Total Cost Purchase Purchase Total $8 9 10 $256 207 370 $833 Calculate the weighted-average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average unit cost LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISE Calculate the ending inventory at May 31 using the FIFO, LIFO and average-cost methods. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST The ending inventory at May 31 $ LINK TO TEXT VIDEO: APPLIED SKILLS VIDEO: SIMILAR EXERCISEStep by Step Solution
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