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What would the FIFO be for this? Steel it began August with 75 units of iron inventory that cost $20 each. During August, the company

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Steel it began August with 75 units of iron inventory that cost $20 each. During August, the company completed the following inventory transactions. (Click the icon to view the transaction) Read the requirements Prepare a perpetual inventory record for the merchandise inventory using the LIFO inventory costing method. Star by entering the beginning inventory balances. Enter the transactions in chronological order. Calculating new inventory on hand balances after each transaction. Once all of the transactions have been enter into the perpetual record, calculate the quantity and total cost of merchandise inventory purchased, sold, and on hand at the end of the period. (Enter the oldest inventory layers first) Prepare a perpetual inventory record for the merchandise inventory using the weighted-average inventory costing method. Start by entering the beginning inventory balances. Enter the transactions in chronological order. Calculating new inventory on hand balances after each transaction. Once all of the transactions have been entered into the perpetual record. calculate the quantity and total cost of merchandise inventory purchased sold and on hand at the end of the period

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