faarax
Mar 10, 2012, 06:40 AM
In the bigining inventory blance of item y on July 1 and the purchase of item
During July where as follow
July 1 inventory [email protected] $300
July 7 purchase [email protected] $1320
July 14 purchase [email protected] $672
July 22 purchase [email protected] $696
July 28 purchase [email protected] $375
_____________ ____
Total 3000 3.363
At July 31.the ending inventory consisted 450units determine the cost of the ending inventory
Based on each flowing method of inventory valuation
Fifo method ,lifo method, and avarage cost method.
During July where as follow
July 1 inventory [email protected] $300
July 7 purchase [email protected] $1320
July 14 purchase [email protected] $672
July 22 purchase [email protected] $696
July 28 purchase [email protected] $375
_____________ ____
Total 3000 3.363
At July 31.the ending inventory consisted 450units determine the cost of the ending inventory
Based on each flowing method of inventory valuation
Fifo method ,lifo method, and avarage cost method.