Instructions
1. Show computations to cost the ending inventory using the FIFO method if 600 units remain on hand at October 31.
2. Show computations to cost the ending inventory using the weighted-average cost method if 600 units remain on hand at October 31.
3. Show computations to cost the ending inventory using the LIFO method if 600 units remain on hand at October 31.
Correct Answer:
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[Tot. cost of beg. inv. + ((N...View Answer
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