Periodic inventory system, Finance Basics

Suppose the Alctz Display Flowers pte  Ltd uses the periodic inventory system and  average cost to explain inventory cost.

(a)  Determine the ending inventory cost as at December 2011

(b)  Determine the cost of goods sold for the month.

(c)  Determinethe gross profit from sales for the month

Posted Date: 3/21/2013 3:55:56 AM | Location : United States

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