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please show how to work for each assumption Bathilda Bagshot Books reported the following activity in April for its best selling book, A History of
please show how to work for each assumption
Bathilda Bagshot Books reported the following activity in April for its best selling book, A History of Magic. Beginning Balance: Apr. 1: 720 books @ $4.60 Purchases: Sales: Apr. 10: 1,440 books @ $5.10 Apr. 3: Apr. 14: 2,160 books @ $5.70 Apr. 12: Apr. 20 900 books @ $6.15 Apr. 26: 540 books 1,080 books 2,520 books Calculate ending inventory and cost of goods sold using the following inventory cost flow assumptions: Periodic Periodic FIFO Periodic LiFO Average Cost Perpetual FIFO Perpetual LIFO Perpetual Average Cost Calculate cost of goods sold and ending inventory assuming periodic FIFO. Periodic FIFO Cost of Goods Sold Ending Inventory Step by Step Solution
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