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The last time I posted this question it was wrong so be careful I guess Wildhorse Co. reports the following for the month of June.
The last time I posted this question it was wrong so be careful I guess
Wildhorse Co. reports the following for the month of June. Date June 1 12 23 30 Explanation Inventory Purchase Purchase Inventory Units 370 740 555 185 Unit Cost $6 7 Total Cost $2,220 5,180 4,440 8 Assume a sale of 814 units occurred on June 15 for a selling price of $9 and a sale of 666 units on June 27 for $10. Calculate the cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. (Round average-cost per unit to 3 decimal places, e.g. 12.520 and final answer to O decimal places, e.g. 1,252.) FIFO LIFO Moving-Average Cost The cost ending inventory $ $ $ $ $ $ The cost of goods sold $ $Step by Step Solution
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