Solution-Compute the value of closing stock at the end of

Compute the value of closing stock at the end of the period

Reference no: EM132563727

Question - Blueberry Ltd uses the FIFO assumption with the periodic inventory method.

	Units	Unit Cost	Total Cost
Beginning Inventory	8	12	96
Purchases	15	14	210
Purchases	23	15	345

Required - Sales during year were 18 units. Compute the value of closing stock at the end of the period?

Reference no: EM132563727

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Compute the value of closing stock at the end of the period

Reference no: EM132563727

Reference no: EM132563727

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