Solution-Find perpetual fifo cost of goods sold

Find perpetual fifo cost of goods sold

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Reference no: EM132542135

Given the following:

Beginning Inventory: 2000 @ 26

March 7 Purchase: 1800 @ 29

March 11 Sale: 2500

March 17 Purchase: 900 @ 31

March 23 Sale: 800

March 28 Purchase: 700 @ 32

Question 1: Find perpetual LIFO cost of goods sold and cost of ending inventory.

Question 2: Find perpetual FIFO cost of goods sold and cost of ending inventory.

Reference no: EM132542135

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Find perpetual fifo cost of goods sold

Reference no: EM132542135

Reference no: EM132542135

Questions Cloud

Reviews

Write a Review

Managerial Accounting Questions & Answers

Manage budgets and financial plans

Prepare a retained earnings statement

Prepare a master budget for the three-month period

Construct the companys direct labor budget

Evaluate the predetermined overhead rate

Determine the company''s bid

Compute the pool rates for the different activities

Prepare Company financial statements

Prepare an analysis of terracycles

Discuss the ethical issues

Political resources in emerging markets

Management accounting - ehsan electronics company

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