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PLEASE FOLLOW FORMAT AS ON IMAGE LAST RESPONSE CHART WAS MESSED UP ! ! ! ! ! ! ! ! CHECK I THINK MY WORK
PLEASE FOLLOW FORMAT AS ON IMAGE LAST RESPONSE CHART WAS MESSED UP
CHECK I THINK MY WORK IS WRONG CAN U HELP ME WITH FINAL CHART ANSWER PROVICED? FOLLOW THE FORMAT
Perpetual Inventory Using LIFO
Beginning inventory, purchases, and sales data for portable game players are as follows:
The business maintains a perpetual inventory system, costing by the lastin firstout method.
Determine the cost of merchandise sold for each sale and the inventory balance after each sale, presenting the data in the form illustrated in Exhibit Under LIFO,
if units are in inventory at two different costs, enter the units with the HIGHER unit cost first in the Cost of Merchandise Sold Unit Cost column and LOWER unit cost
first in the Inventory Unit Cost column.
Perpetual Inventory Account
LIFO Method
Portable Game Players
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