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Perpetual LIFO, FIFO, and average cost
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Hi I need some help with this question, my book says that companies hardly use perpetual LIFO, FIFO, and average cost to their inventory and it didn't bother explaining it to us. Then at the end it asks a question about how to do. I don't know where to begin on it, any help would be greatly...
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using all 4 inventory valuing methods determine the value of the material used as well as what is left on hand standard cost =$7.00 starting balance=1,000X $7,000 shipment in order of receipt #1 4000 @ $10.00 #2 2000 @ $11.00 #3 6000 @ $8.00 total used = 8350 please when answering my...
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Find Cost of goods sold and ending inventory using.average cost/FIFO/LIFO
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I'm having a hard time with the fifo and lifo method... of this question Began with 73 yards @ 23 per yard During the month the company made the following purchases. March 3/4 113 yards @ 27 3/12 81 yards @ 29 3/19 167 yards @ 32 3/25 44 yards @ 35 View more questions Search
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