Answer with complete solutions. Andrea Company used the perpetual system....
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Andrea Company used the perpetual system. 11. If the FIFO cost flow method is used. What amount should be reported as cost of the inventory on April 30? (3pts) Yza Company reported that a flood recently destroyed many of the financial records. The entity used an average cost inventory valuation. The entity made a physical count at the end of each month in order to determine monthly ending value. By examining various documents, the following data are gathered: 12. What is number of units on July 1 ?(2pts) 13. How many units were sold during the month of July? (2pts) 14. What amount should be reported as a cost of the inventory on July 31 ? (2pts)
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