neha5
Feb 15, 2012, 04:50 AM
Jan 01 6000units @1.5 each 2000 @2.5 each
Jan 24 3500 @2 each 1500 @2.8
Jan25 1000 @2.5 500 @3
Opening inventory is 1000 units @1 per unit
Selling expenses $2000.
Calculate net profit using FIFI and AVCO
Jan 24 3500 @2 each 1500 @2.8
Jan25 1000 @2.5 500 @3
Opening inventory is 1000 units @1 per unit
Selling expenses $2000.
Calculate net profit using FIFI and AVCO