Shrinkage losses
At year-end,the perpetual inventory records of James Products indicate 105 units of a particular product in inventory,acquired at the following dates and unit costs: A complete physical inventory taken at year-end indicates only 93 units of this product actually are on hand.
Determine the dollar amount of the shrinkage loss assuming that James uses:

Question

Shrinkage losses
At year-end,the perpetual inventory records of James Products indicate 105 units of a particular product in inventory,acquired at the following dates and unit costs:  A complete physical inventory taken at year-end indicates only 93 units of this product actually are on hand.
Determine the dollar amount of the shrinkage loss assuming that James uses:

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The Answer of Shrinkage losses
At year-end,the perpetual inventory records of James Products indicate 105 units of a particular product in inventory,acquired at the following dates and unit costs:  A complete physical inventory taken at year-end indicates only 93 units of this product actually are on hand.
Determine the dollar amount of the shrinkage loss assuming that James uses:

Shrinkage Losses At Year-End,the Perpetual Inventory Records of James Products Indicate 105