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Where did this $12,600 come from? Any idea? INCOME STATEMENT Temporal method Sales (20,200 * _031) =$626 Opening inventory (3,500 x .045) = 158 Purchases
Where did this $12,600 come from? Any idea? INCOME STATEMENT Temporal method Sales (20,200 * _031) =$626 Opening inventory (3,500 x .045) = 158 Purchases (12,600 * .031) = 391 Closing inventory (4,800...
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Principles of Cost Accounting
Authors: Edward J. Vanderbeck
16th edition
9781133712701, 1133187862, 1133712703, 978-1133187868
