Question
The units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 21 units @ $29 $609 June 16 Purchase
The units of Manganese Plus available for sale during the year were as follows:
Mar. 1 Inventory 21 units @ $29 $609
June 16 Purchase 29 units @ $34 986
Nov. 28 Purchase 37 units @ $35 1,295
87 units $2,890
There are 15 units of the product in the physical inventory at November 30. The periodic inventory system is used. Round answers to the nearest whole dollar.
a. Determine the inventory cost by the FIFO method. $
b. Determine the inventory cost by the LIFO method. $
c. Determine the inventory cost by the average cost methods. $
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Azure Security For Critical Workloads Implementing Modern Security Controls For Authentication Authorization And Auditing
Authors: Sagar Lad
1st Edition
1484289358, 978-1484289358
