sales during the year were 500 units. beginning inventory was 250 units at a cost of $5 per unit. purchase 1 was 400 uni
Posted: Sun May 29, 2022 8:42 pm
sales during the year were 500 units. beginning inventory was 250 units at a cost of $5 per unit. purchase 1 was 400 units at $6 per unit. purchase 2 was 200 units at $7 per unit. ending inventory under the fifo cost flow assumption using periodic inventory system was
$2300
$3650
$1850
$2750
$2300
$3650
$1850
$2750