Business, 08.10.2019 01:00 ronniethefun

Periodic inventory by three methods the units of an item available for sale during the year were as follows: jan. 1 inventory 2,500 units at $5 feb. 17 purchase 3,300 units at $6 july 21 purchase 3,000 units at $7 nov. 23 purchase 1,200 units at $8 there are 1,500 units of the item in the physical inventory at december 31. the periodic inventory system is used. a. determine the inventory cost by the first-in, first-out method. $ b. determine the inventory cost by the last-in, first-out method. $ c. determine the inventory cost by the weighted average cost method. $

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Periodic inventory by three methods the units of an item available for sale during the year were as...

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