Question
provide a simple format report using the FIFO periodic and perpetual inventory method. purchases date units cost per unit jan 1 400 $3.00 jan 10
provide a simple format report using the FIFO periodic and perpetual inventory method.
purchases
date 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 2 300 $6.00
jan 11 1000 $6.00
feb 28 400 $6.50
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
