Question
The inventory records of Trees Company show the following purchases during its first quarter operations: January 15,000 units P187,500 February 20,000 units 240,000 March 13,000
The inventory records of Trees Company show the following purchases during its first quarter operations:
January 15,000 units P187,500
February 20,000 units 240,000
March 13,000 units 167,700
How much is the March 31 inventory using the periodic FIFO method?
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Management And Cost Accounting
Authors: Alnoor Bhimani, Srikant M. Datar, Charles T. Horngren, Madhav V. Rajan
7th Edition
1292232668, 978-1292232669
