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the warehouse. The table below shows the inventory, purchases, and sales transactions for 2021 . Answer the followings ( 40pts,10pts each) If Company uses FIFO
the warehouse. The table below shows the inventory, purchases, and sales transactions for 2021 . Answer the followings ( 40pts,10pts each) If Company uses FIFO for Food Material and LIFO for Chemicals: Total COGS on the Income Statement will be Cost of Ending Inventory on the Balance Sheet (31-December-2021) will be If Company uses LIFO for Food Material and Weighted Average for Chemicals: Total COGS on the Income Statement will be Cost of Ending Inventory on the Balance Sheet (31-December-2021) will be
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