Compute fifo, lifo, average-cost—periodic)
(lo 3) presented below is information related...
Compute fifo, lifo, average-cost—periodic)
(lo 3) presented below is information related to blowfish radios for the hootie company for the month of july.
date
transaction
units in
unit cost
total
units sold
selling price
total
july 1
balance
100
$4.10
$ 410
6
purchase
800
4.20
3,360
7
sale
300
$7.00
$ 2,100
10
sale
300
7.30
2,190
12
purchase
400
4.50
1,800
15
sale
200
7.40
1,480
18
purchase
300
4.60
Answers: 2
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