A. first-in, first-out (fifo) b. last-in, first-out (lifo) c. average cost $ 193 $111 $ 177 $275 $266 2: 12 7. ex.07-166 beginning inventory. purchases, and sales data for hammers are as follows: mar. 3 11 inventory 12 units purchase 13 units @ mar. 3 inventory 12 units at $15 11 purchase 13 units at $17. 14 sale 18 units 21 purchase 9 units at $20 25 sale 10 units assuming the business maintains a perpetual inventory system, complete the subsidiary invento calculate the cost of merchandise sold and ending ihventory under the following assumptions: (a) first-in, first-out (b) last-in, first-out
Mrs. avila is buying a wallpaper border to go on all of her kitchen walls. she wants to buy 5 extra feet of wallpaper border than she needs to be sure she has enough. she buys 55.5 feet of the border. the store owner selling the border uses the width of mrs. avila's kitchen to determine that the length of her kitchen must be 14.5 feet.
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