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Suppose have The Following infrmaion you Cost Per unit units To tar Beguing invenbery 200 1o Purchases : 5600 1니 Feb. 15 400 b,800 17 Jan. 2 400 9000 5.. sep. 12 155 os 21 Dec. 2 5.. 48,000 1,600 30 Sales 12,000 3. 400 oPerah ng exP * Prepare Compartive income starment under [ fifo, LiFo, weighted average A ssume that the company is subject to 30% income tax rare

Suppose have The Following infrmaion you Cost Per unit units To tar Beguing invenbery 200 1o Purchases : 5600 1니 Feb. 15 400 b,800 17 Jan. 2 400 9000 5.. sep. 12 155 os 21 Dec. 2 5.. 48,000 1,600 30 Sales 12,000 3. 400 oPerah ng exP * Prepare Compartive income starment under [ fifo, LiFo, weighted average A ssume that the company is subject to 30% income tax rare

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Suppose have The Following infarmasion you Cost Per unit units Po tar Beguing inventory 200 lo Purchases s 5600 14 Feb. 15 400 b,800 17 Jan. 2 400 9000 18 sep. 12 5.. 155 0s 21 Dec. 2 48,000 1,600 30 Sales 12,000 30 400 oPerah ng exp * Prepare Compar tive income statment under [ fi Fog Lifo, weighted average I A ssume company is subject that the to 30% income tax rare
Transcribed Image Text:Suppose have The Following infarmasion you Cost Per unit units Po tar Beguing inventory 200 lo Purchases s 5600 14 Feb. 15 400 b,800 17 Jan. 2 400 9000 18 sep. 12 5.. 155 0s 21 Dec. 2 48,000 1,600 30 Sales 12,000 30 400 oPerah ng exp * Prepare Compar tive income statment under [ fi Fog Lifo, weighted average I A ssume company is subject that the to 30% income tax rare
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