shellysmelly002 shellysmelly002

23-03-2024
Mathematics

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Oct 1 Inventory 200 units at $40 Oct 7 Sale 180 units Oct 15 Purchase 180 units at $45 Oct 24 150 units
Assuming a perpetual inventory system and using the first in first out ( FIFO) a. Cost of goods sold on October 24 b. Inventory on October 31

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