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Random, Inc. uses a PERPETUAL inventory system and has provided the following information: REQUIRED FOR POINTS: table [ [ 1 , Complete the master
Random, Inc. uses a PERPETUAL inventory system and has provided the following information:
REQUIRED FOR POINTS:
tableComplete the master inventory record using the math functionality of SheetsExcelLocation Shelves# of Units,Cost per unit,Total costBeginning inventory,$Jan purchase,$Jan purchase,$Jan purchase,$Available Inventory,,,,January Sales,each method calculationEnding Inventory,,,,is on schedule below
tableComplete the inventory costing schedules documenting details shelfpurchase location inthe calculation of BOTH ending inventory and cost of goods sold. Use math functionality forcalculations and referencelink to the master record for each detail. Making connections tothe Master Inventory Record allows the worksheet to be used for analyzing potentialchanges in the results.FIFO Cost of Goods Sold
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