Allegro Co began operations on 1 January to supply coal to a local power station. During the first month, the following
Posted: Thu May 26, 2022 8:32 am
Allegro Co began operations on 1 January to supply coal to a local power station. During the first month, the following transactions took place. i (Click here to view the information.) More info The business employs the FIFO method of inventories costing. Calculate for January: January Purchased/sold Tonnes Selling price/cost per tonne £ The cost of closing inventories = £ (Type an integer.) 3 Purchased 3,000 40 The cost of goods sold = £ (Type an integer.) 5 Purchased 1,800 45 17 Purchased 500 40 The gross profit = £ (Type an integer.) 25 Sold 4,000 80 Done Print X