Ending inventory using the average periodic method

Reference no: EM131038968

The following information comes from CROW Inc.'s inventory records: Purchase date Units Cost per unit Sale date Units sold Beginning inventory 40 $12 Jan 2 150 $10 Jan 10 125 Jan 12 100 $8 Jan 15 100 Jan 20 100 $5 Jan 31 50 Required: (15 points) Determine Ending inventory using the LIFO perpetual method. (15 points) Determine Cost of goods sold using the FIFO periodic method. (15 points) Determine Ending inventory using the Average periodic method

Reference no: EM131038968

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Ending inventory using the average periodic method : The following information comes from CROW Inc.'s inventory records: Purchase date Units Cost per unit Sale date Units sold Beginning inventory 40 $12 Jan 2 150 $10 Jan 10 125 Jan 12 100 $8 Jan 15 100 Jan 20 100 $5 Jan 31 50 Required: Determine End..

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