Question
XoCo, which begins business in May and uses the perpetual method and moving average costing, shows the following data: Purchases Sales May 4 1,000 @
XoCo, which begins business in May and uses the perpetual method and moving average costing, shows the following data:
Purchases Sales
May 4 1,000 @ $7
May 11 400 @ $11
May 14 1,400 @ $8
May 19 2,000 @ $10
May 21 1,500 @ $15
The balance in XoCo's inventory account on May 31st is......??
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The Complete Guide To Operational Auditing 1995 Supplement
Authors: Harry R. Reider
1st Edition
0471102547, 978-0471102540
