Restoration Company has the following inventory transactions forJanuary:
Opening Inventory January 1st 4,000 units @ $15Purchase #1 January 10th 9,870 units @ $13Purchase #2 January 15th 6,000 units @ $12Sale #1 January 20th 16,870 units @$20Purchase #3 January 25th 2,000 units @ $11
a. What is the cost of goods sold for January if the company usesthe FIFO periodic inventory method? $ b. What is the Cost of Goods Sold for January if the companyuses the LIFO periodic inventory system? $ c. What is the Cost of Goods Sold for January if the companyuses the Weighted Average periodic inventory system? $ d. What is the cost of goods sold for January if the companyuses the FIFO perpetual inventory method? $ e. What is the Cost of Goods Sold for January if the companyuses the LIFO perpetual inventory system? $ f. What is the Cost of Goods Sold for January if the companyuses the Weighted Average perpetual inventory system? $
Restoration Company has the following inventory transactions for January: Opening Inventory January 1st 4,000 un
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