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Tevin Trader starts a merchandising business on Dec 1 and enters into three inventory purchase:
Dec. 7th 10 units @ $6 cost
Dec. 14th 20 units @ $12 cost
Dec. 21st 15 units @ $14 cost

Sexy lady asked the first part of this question.

2007-08-02 14:54:05 · 1 answers · asked by Cheryl S 1 in Business & Finance Other - Business & Finance

1 answers

Ending inventory :
(a) FIFO $390
(b) LIFO $300
(c) weighted average $340
(d ) specific identification $378

If you'd like the worksheet emailed to you, pls give me your email via my profile.

2007-08-02 22:38:04 · answer #1 · answered by Sandy 7 · 0 0

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