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please provide a simple and specific format; determine the inventory using FIFO periodic and perpetual method. purchases drte units cost per unit jan 1 400
please provide a simple and specific format; determine the inventory using FIFO periodic and perpetual method.
purchases
drte units cost per unit
jan 1 400 $3.00
jan 10 1300 3.10
feb 13 700 3,40
feb 27 600 3,75
sales
date units cost per unit
jan 300 $6.00
jan 11 1000 $6.00
feb 26 400 $6.50
these are the only amounts of purchase and sales in the report.
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