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Use the following information for the specific identification method. There are 1 , 3 0 0 units of inventory on hand on September 3 0
Use the following information for the specific identification method. There are units of inventory on hand on September Of these units: are from October st purchase are from January rd purchase are from March th purchase are from June th purchase are from August th purchase are from September th purchase Required:Calculate the total amount to be assigned to cost of goods sold for the fiscal year ended September and ending inventory on September under each of the following periodic inventory methods.
Use the following information for the specific identification method.
There are units of inventory on hand on September Of these units:
are from October
st purchase
are from January
rd purchase
are from March
th purchase
are from June
th purchase
are from August
th purchase
are from September
th purchase
Required:Calculate the total amount to be assigned to cost of goods sold for the fiscal year ended September and ending inventory on September under each of the following periodic inventory methods.
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