Calculate perpetual fifo (cost of goods sold and ending inv) and perpetual lifo (cost of...
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Accounting
Calculate perpetual fifo (cost of goods sold and ending inv)
and perpetual lifo (cost of goods sold and ending inv)
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Date Use the tables below to compute COGS and Ending Inventory under a Perpetual Inventory Gystem. Calcute rerletual fiso (lour & End and calculate LIfo CCOGS & End in Description Units Unit Cost Units Sold Jan. 1 Beginning Inventory 250 $10 February 27 150 Feb, 28 Purchases 750 $11 April 11 250 July 31 Purchases 350 $12 October 4 350 Nov. 1 Purchases 650 $13 December 1 450 1200 20 so
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