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Sunshine Electronics Ltd records its inventory of Smile Luminous backpacks by using a perpetual inventory system on a FIFO basis. The following details are supplied
Sunshine Electronics Ltd records its inventory of Smile Luminous backpacks by using a perpetual inventory system on a FIFO basis. The following details are supplied for one particular popular make and model for the month of November. Complete the worksheet using FIFO, LIFO and Moving Average.
The details and values is given in the picture.
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