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Author Question: Solve the problem using the information given in the table and the last- in, first-out inventory ... (Read 61 times)

AEWBW

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on: Feb 26, 2020
Solve the problem using the information given in the table and the last- in, first-out inventory method. Round dollar amounts to the nearest cent.

Determine the unit costs for units in the ending inventory.

57 units are in the ending inventory from the units that were purchased first.
Beginning inventory: 90 units at $33.82
March 8: 70 units at $28.11
June 10: 65 units at $37.51
August 12: 40 units at $21.08

◦ First purchases: 57 units @ $21.08 per unit
◦ First purchases: 57 units @ $33.82 per unit
◦ First purchases: 57 units @ $28.11 per unit
◦ First purchases: 40 units @ $33.82 per unit
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Marked as best answer by AEWBW on Feb 26, 2020

milbourne11

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Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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AEWBW

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Reply 2 on: Feb 26, 2020
Great answer, keep it coming :)

chereeb

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Reply 3 on: Yesterday
Wow, this really help

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