The following information pertains to company a's year 1 inventory activities:
date transaction number of units purchase price per unit sale price per unit
january 1 beginning balance 90 $40
april 11 sale 50 $70
may 15 purchase 160 $65
july 25 sale 30 $75
for each of the following independent assumptions regarding company a's inventory cost flow methods, click on the associated designated cell and enter the applicable dollar value of inventory that would be reported in company a's december 31, year 1, balance sheet. enter all amounts as positive values. round all amounts to the nearest dollar. if the amount is zero, enter a zero (0).
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5. first-in, first-out (fifo) perpetual
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The following information pertains to company a's year 1 inventory activities:
date tra...
date tra...
Mathematics, 27.05.2020 14:57
Mathematics, 27.05.2020 14:57
Physics, 27.05.2020 14:57