Check out some similar questions!
LIFO perpetual inventory method
[ 2 Answers ]
What is the cost of inventory on June 30 using LIFO perpetual inventory method in on June 1 Beginning inventory , 15 units @ $20.00 each June 15 Sale of 6 units for $50.00 each June 29 Purchase of 8 units at $25.00 each
LIFO AND FIFO in a perpetual inventory system
[ 1 Answers ]
Stuck on this problem for 2 hours, just don't understand the concept and could really use some help... July 1 Beginning Inventory 10 units at $90 July 5 Purchases 60 units at $84 July 14 Sale 40 units July 21 Purchases 30 units at $87...
LIFO Inventory Method using Perpetual Inv. System
[ 1 Answers ]
I need help calculating the cost of goods and ending inventory using the LIFO method. Beg. Inventory Jan. 1 1840 units @$2.3 Purchase Jan. 30 2590 units @ $3 Sale March 14 1480 units @ $6.9 Purchase May 1 1120 units @ $4.4 Sale Aug. 31 1990 units @ $6.9 I can't wrap my brain around...
Perpetual inventory system on a LIFO basis
[ 1 Answers ]
Assuming that a perpetual inventory system is used, what is ending inventory on a LIFO basis? June 1 Beginning inventory 20 units @$76 5 Purchase 70 units @$80 14 Sale 25 units 21 Purchase ...
Perpetual inventory, LIFO
[ 3 Answers ]
1/1... Beginning Inventory... 1,000... $12 2/4... Purchase... 2,000... $18 2/20... Sale... 2,500... $30 4/2... Purchase... 3,000... $23 11/4... Sale... 2,000... $33 How do I compute cost of goods sold using LIFO under the perpetual inventory system? View more questions Search
Add your answer here.
|