- Vaughn Shutters Has The Following Inventory Information Nov 1 Inventory 60 Units 7 00 8 Purchase 90 Units 6 00 1 1 (12.45 KiB) Viewed 85 times
Vaughn Shutters has the following inventory information. Nov. 1 Inventory 60 units @ $7.00 8 Purchase 90 units @ $6.00 1
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Vaughn Shutters has the following inventory information. Nov. 1 Inventory 60 units @ $7.00 8 Purchase 90 units @ $6.00 1
Vaughn Shutters has the following inventory information. Nov. 1 Inventory 60 units @ $7.00 8 Purchase 90 units @ $6.00 17 Purchase 70 units @ $7.00 25 Purchase 90 units @ $8.00 A physical count of merchandise inventory on November 30 reveals that there are 9 units on hand. Assume a periodic inventory system is used. Ending Inventory under FIFO is 5720 $1722 $600 $1668