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(a) Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Purchases Cost of Goods Sold Date Units Cost Total Units Cost Total Oct. 9,300 $11 $102,300 15 15,500 13 201,500 29 23,800 (total units sold) $ %24

(a) Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Purchases Cost of Goods Sold Date Units Cost Total Units Cost Total Oct. 9,300 $11 $102,300 15 15,500 13 201,500 29 23,800 (total units sold) $ %24

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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(a) Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Purchases Cost of Goods Sold Date Units Cost Total Units Cost Total Oct. 9,300 $11 $102,300 15 15,500 13 201,500 29 23,800 (total units sold) $ $ Touth nd Modio %24 %24
Transcribed Image Text:(a) Fill in the missing amounts in the perpetual inventory schedule, assuming the use of the FIFO cost formula. Purchases Cost of Goods Sold Date Units Cost Total Units Cost Total Oct. 9,300 $11 $102,300 15 15,500 13 201,500 29 23,800 (total units sold) $ $ Touth nd Modio %24 %24
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