# Scenario 11: Inventory Valuation - FIFO Method: Given the following inventory purchases...
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# Scenario : Inventory Valuation FIFO Method: Given the following inventory purchases and sales data for XYZ Company during the month of January: January : Beginning Inventory units at $ per unit January : Purchase units at $ per unit January : Sale units January : Purchase units at $ per unit January : Sale units Calculate the cost of goods sold and ending inventory using the FIFO FirstIn FirstOut inventory valuation method.
# Scenario : Inventory Valuation FIFO Method:
Given the following inventory purchases and sales data for XYZ Company during the month of January:
January : Beginning Inventory units at $ per unit
January : Purchase units at $ per unit
January : Sale units
January : Purchase units at $ per unit
January : Sale units
Calculate the cost of goods sold and ending inventory using the FIFO FirstIn FirstOut inventory valuation method.
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