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    farahsyeda's Avatar
    farahsyeda Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Oct 19, 2012, 09:26 AM
    I wanted to know how exactly to solve this fifo and avco question
    I have this question on fifo and avco please anyone can help.
    On 1st dec abc company held 300 units goods of 5$
    Goods purchased:
    11th December 500 units at 11$
    19th dec 500 units for 12$
    26th December 500 units for 14$

    Goods sold:
    13th dec 600 units for 18$
    21th dec 400 units for 18$
    26th dec 200 units for 18$
    paraclete's Avatar
    paraclete Posts: 2,706, Reputation: 173
    Ultra Member
    		  
    #2

    Oct 22, 2012, 02:30 PM
    Where is your attempt fifo means first in first out
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