The units of an item available for sale during the year were as follows: ...
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Accounting
The units of an item available for sale during the year were as follows: Jan. Beg Inventory units at $ each Feb. Purchase units at $ each Jul. Purchase units at $ each Nov. Purchase units at $ each There are units of the item in the physical inventory at year end, December Instructions: Determine the cost of merchandise sold cost of goods sold and the cost of the ending merchanise inventory. the firstin firstout method the lastin firstout method the average cost method
The units of an item available for sale during the year were as follows:
Jan. Beg Inventory units at $ each
Feb. Purchase units at $ each
Jul. Purchase units at $ each
Nov. Purchase units at $ each
There are units of the item in the physical inventory at year end, December
Instructions:
Determine the cost of merchandise sold cost of goods sold and the cost of the ending merchanise inventory.
the firstin firstout method
the lastin firstout method
the average cost method
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