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please find FIFO , LIFO and Average Cost Novak Company's record of transactions concerning part X for the month of April was as follows. (a1)
please find FIFO , LIFO and Average Cost
Novak Company's record of transactions concerning part X for the month of April was as follows. (a1) Your answer is correct. Calculate average-cost per unit. Assume that perpetual inventory records are kept in units only. (Round answer to 4 decimal places, eg. 27682.) Average-cost per unit Compute the inventory at April 30 on each of the following bases. Assume that perpetual inventory records are kept in units only. (1) First-in, first-out (FIFO). (2) Last-in, first-out (LIFO). (3) Average-cost. (Round final answers to 0 decimal places, e.g. 6,548.)Step by Step Solution
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