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spelling company had the following transactions in connection with their inventor account during the month of Aug FIFO,LIFO Ave. cost in periodic and perpetual methods
spelling company had the following transactions in connection with their inventor account during the month of Aug FIFO,LIFO Ave. cost in periodic and perpetual methods
I need to know the Ending inventory FIFO,LIFO & Average Cost in periodic and perpetual. I also need to know COGS in FIFO, LIFO & Average cost in periodic and perpetual methods
1-Aug 3-Aug 7-Aug 11-Aug 16-Aug 23-Aug PURCHASES Units Unit Cost 715 $ 8.10 680 8.25 1240 8.40 630 8.50 480 8.55 675 8.60 4420 4-Aug 10-Aug 12-Aug 17-Aug 20-Aug 25-Aug SALES Units Unit Cost 270 $ 12.60 335 12.60 860 13.00 680 13.00 825 13.50 615 13.50 3585 InstructionsStep by Step Solution
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