Rick Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)

What is the cost of goods sold for Rick Company for 2012 using FIFO showing detailed calculations.

Question

Rick Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)
  
What is the cost of goods sold for Rick Company for 2012 using FIFO showing detailed calculations.

Quizplus · Accepted Answer

The Answer of Rick Company's beginning inventory and purchases during the fiscal year ended December 31, 2012 were as follows: (NOTE: The company uses a perpetual system of inventory.)
  
What is the cost of goods sold for Rick Company for 2012 using FIFO showing detailed calculations.

Rick Company's Beginning Inventory and Purchases During the Fiscal Year