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Toso Company uses the periodic inventory system to account for inventories. Information related to Toso Company's inventory at October 31 is given below: Ending inventory
Toso Company uses the periodic inventory system to account for inventories. Information related to Toso Company's inventory at October 31 is given below: Ending inventory has 550 units remaining. The cost of the ending inventory using the FIFO cost assumption is 6,100 Calculate Cost of Goods Sold: 6,380.00 27,220.00 15,020.00 19,220.00 Shandy Shutters has a periodic inventory system and has the following inventory information On November 30 there are 150 units on hand. Using FIFO method, What is the cost of Ending Inventory? 11,250.00 41,800.00 11,400.00 9,120.00 Graham Company uses a periodic inventory system. Details for the inventory account for the month of January 2020 are as follows: The company sold 742 units. How many units are in ending inventory? 800 Units 742 Units 1,542 Units 58 Units
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