Business, 16.01.2020 22:31 granniejo

Xiong co. uses a periodic inventory system. its records show the following for the month of may, in which 65 units were sold. unit units cost total costmay-1 inventory 30 $8 $240 15 purchases 25 11 27524 purchases 35 12 420 totals 90 $935 compute the ending inventory on may 31 and cost of goods sold using the fifo and lifo methods.

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Xiong co. uses a periodic inventory system. its records show the following for the month of may, in...

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