a companys inventory records report the following august 1 begining balancw 16 units at 6.00 5th purchase 11 units at 5.00 12th purchase 15 units at 6.00 on august 15 it sold 32 units using the FIFO what is the value of the inventory at august 15th after the sale 192 60 80 420 if not shown what is the answer?
a companys inventory records report the following august 1 begining balancw 16 units at 6.00 5th purchase 11 units at 5.00 12th purchase 15 units at 6.00 on august 15 it sold 32 units using the FIFO what is the value of the inventory at august 15th after the sale 192 60 80 420 if not shown what is the answer?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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a companys inventory records report the following
august 1 begining balancw 16 units at 6.00
5th purchase 11 units at 5.00
12th purchase 15 units at 6.00
on august 15 it sold 32 units using the FIFO what is the value of the inventory at august 15th after the sale
192
60
80
420
if not shown what is the answer?
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