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this one also have different values so please help me sir The Stilton Company has the following inventory and credit purchases during the fiscal year
this one also have different values so please help me sir
The Stilton Company has the following inventory and credit purchases during the fiscal year ended December 31,2020 . Stilton Company has two credit sales during the period. The units have a selling price of $137 per unit. Stilon. Company uses a perpetual inventory system. Required: 1. Calculate the dollar value of cost of goods sold and ending inventory using: (Do not round intermediate calculations. Round "Averoge cost per unit" to 2 decimal ploces. Round the final answers to 2 decimal places.) 2. Calculate the dollar value of cost of goods sold and ending inventory using specific identification, assuming the sales were specifically identified as follows 3. Using information from your answers in Parts 1 and 2. journalize the credit purchase on February 10 and the credit sale on September 10 for each of: a. FIFO Journal entry worksheet 3 b. Moving weighted average (Do not round intermediate calculations. Round "Average cost per unit" to 2 decimal places. Round the final answers to nearest whole dollar.) Journal entry worksheet Record thet purchase of inventory on credit. Moter Enter debrts belore eredita. Journal entry worksheet Step by Step Solution
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