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Swifty Ltd. uses the perpetual inventory system and reports the following inventory transactions for the month of June Date Unit June 1 Explanation Beginning
Swifty Ltd. uses the perpetual inventory system and reports the following inventory transactions for the month of June Date Unit June 1 Explanation Beginning inventory Units Cost/Price Total Cost 1.580 $4 $6,320 12 Purchases 2,320 5 11,600 15 Sale (2,670 ) 12 16 Purchases 4,700 6 28,200 23 Purchases 1,620 7 11,340 27 Sales (5,830) 15
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
