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Question 8 of 101 View Policies Current Attempt in Progress Johmon SA was formed on December 1, 2021. The following information is available from
Question 8 of 101 View Policies Current Attempt in Progress Johmon SA was formed on December 1, 2021. The following information is available from Johnson's inventory records for Product BAP Units Unit Cost January 1, 2022 (beginning inventory) 490 $8,00 Purchases: January 5,2022 900 9.00 January 25, 2022 1.070 10.00 February 16, 2022 660 11.00 March 26,2022 490 1200 A physical inventory on March 31, 2022, shows 1.230 units on hand. Assuming Johnson uses a periodic system. Prepare schedule to compute the ending inventory at March 31, 2022. under Specific identification method. Assume that 330 units from the beginning inventory are on hand and 900 units from the January 5 purchase are on hand. JOHNSON SA COMPUTATION OF INVENTORY FOR PRODUCT BAP UNDER SPECIFIC IDENTIFICATION INVENTORY METHOD
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