Solution-Compute the Ending Inventory using FIFO Method

Compute the Ending Inventory using FIFO Method

Reference no: EM133177590

Question - FIFO vs Average Method - The following information relates to BSA2K's materials inventory for the month of March 2021.

Beginning Balance 800 units at 5.00

Purchases 200 units at 6.00

Purchases 200 units at 7.00

Issuances 400 units

Purchases 300 units at 11.00

Issuances 500 units

Required - Compute the Ending Inventory using FIFO Method and Moving Average Method.

Reference no: EM133177590

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Compute the Ending Inventory using FIFO Method : The following information relates to BSA2K's materials inventory for the month of March 2021. Compute the Ending Inventory using FIFO Method

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Compute the Ending Inventory using FIFO Method

Reference no: EM133177590

Reference no: EM133177590

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