Required: Under a Periodic Inventory System, determine the cost of inventory on hand at October...
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Required: Under a Periodic Inventory System, determine the cost of inventory on hand at October 31 and the Cost of Goods Sold for October under FIFO,LIFO, and Average-cost method. please do not use excel 
ABC Company has the following inventory, purchases and sales data for the month of October: Inventory: Purchase: Purchase: Purchase: Sales: Sales: October 1 October 2 October 8 October 15 October 11 October 17 200 units @ $4.50 each 300 units @ $4.00 each 600 units @ $4.00 each 250 units @ $5.00 each 900 units 150 units The physical inventory count on October 31 shows 300 units are still on hand
Required: Under a Periodic Inventory System, determine the cost of inventory on hand at October 31 and the Cost of Goods Sold for October under FIFO,LIFO, and Average-cost method.
please do not use excel
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