The Rock Shop shows the following data related to an item of inventory: Inventory,...
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Accounting
The Rock Shop shows the following data related to an item of inventory:
Inventory, January 1 200 units @ $5.00
Purchase, January 9 600 units @ $5.40
Purchase, January 19 140 units @ $6.00
Inventory, January 31 200 units
Instructions
What value should be assigned to the ending inventory using FIFO Periodic
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You can see the logs in the Dashboard.