Business, 16.10.2019 03:00 saintsfan2004
The following lots of commodity z were available for sale during the year. beginning inventory 12 units at $48 first purchase16 units at $50 second purchase20 units at $58 third purchase19 units at $60 the firm uses the periodic system, and there are 24 units of the commodity on hand at the end of the year. what is the ending inventory balance at the end of the year according to the fifo method? (a) $1,152 (b) $1,430 (c) $3,652 (d) $3,676
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The following lots of commodity z were available for sale during the year. beginning inventory 12 un...
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