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The following inventory details of XXL company for 2018 Date Description Units Cost January 1 Opening inventory 10 $10 February 10 Purchases 20 $15
The following inventory details of XXL company for 2018 Date Description Units Cost January 1 Opening inventory 10 $10 February 10 Purchases 20 $15 March 5 Sales 25 Abril 15 Purchases 30 $20 20 December 10 Sales By Perpetual Inventory System, calculate: The Cost of Goods Sold and the Cost of Ending Inventory under 1. FIFO 2. LIFO
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Managerial Accounting
Authors: Karen Wilken Braun, Wendy Tietz, Walter Harrison, Rhonda Pyp
1st Canadian Edition
978-0132490252, 132490250, 978-0176223311
