Required: Calculate ending inventory and cost of goods sold at October 31, using the...
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Accounting
Required: Calculate ending inventory and cost of goods sold at October using the specific identification method. The October sale consists of purses from beginning inventory, the October sale consists of one purse from beginning inventory and two purses from the October purchase, and the October sale consists of three purses from the October purchase and four purses from the October purchase. Using FIFO, calculate ending inventory and cost of goods sold at October Using LIFO, calculate ending inventory and cost of goods sold at October Using weightedaverage cost, calculate ending inventory and cost of goods sold at October please show work i will thumbs up if correct
Required:
Calculate ending inventory and cost of goods sold at October using the specific identification method. The October sale consists
of purses from beginning inventory, the October sale consists of one purse from beginning inventory and two purses from the
October purchase, and the October sale consists of three purses from the October purchase and four purses from the October
purchase.
Using FIFO, calculate ending inventory and cost of goods sold at October
Using LIFO, calculate ending inventory and cost of goods sold at October
Using weightedaverage cost, calculate ending inventory and cost of goods sold at October
please show work i will thumbs up if correct
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