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Date Activity Number of units Price per unit 14 Jan 2015 Beginning balance 430 €6,20 21 April 2015 Purchase 240 €6,90 11 July 2015 Purchase 3 430 €5,60 16 October 2015 Purchase 660 €4,30 Sales revenue Date Activity Number of units Price 31 December 2015 Sale 3 790 €12,80 Requirement: What is the cost of goods sold under under the First-In, First-Out (FIFO) method? In this exercise a comma is used as a decimal separator. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €20 366. The cost of goods sold for Delta Aviation under the FIFO method is €20 366. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €23 666. The cost of goods sold for Delta Aviation under the FIFO method is €23 66 De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €18 770. The cost of goods sold for Delta Aviation under the FIFO method is €C18 770. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn C21 794. The cost of goods sold for Delta Aviation under the FIFO method is €21 794

Date Activity Number of units Price per unit 14 Jan 2015 Beginning balance 430 €6,20 21 April 2015 Purchase 240 €6,90 11 July 2015 Purchase 3 430 €5,60 16 October 2015 Purchase 660 €4,30 Sales revenue Date Activity Number of units Price 31 December 2015 Sale 3 790 €12,80 Requirement: What is the cost of goods sold under under the First-In, First-Out (FIFO) method? In this exercise a comma is used as a decimal separator. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €20 366. The cost of goods sold for Delta Aviation under the FIFO method is €20 366. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €23 666. The cost of goods sold for Delta Aviation under the FIFO method is €23 66 De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €18 770. The cost of goods sold for Delta Aviation under the FIFO method is €C18 770. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn C21 794. The cost of goods sold for Delta Aviation under the FIFO method is €21 794

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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Date Activity Number of units Price per unit 14 Jan 2015 Beginning balance 430 €6,20 21 April 2015 Purchase 240 €6,90 11 July 2015 Purchase 3 430 €5,60 16 October 2015 Purchase 660 €4,30 Sales revenue Date Activity Number of units Price 31 December 2015 Sale 3 790 €12,80 Requirement: What is the cost of goods sold under under the First-In, First-Out (FIFO) method? In this exercise a comma is used as a decimal separator. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €20 366. The cost of goods sold for Delta Aviation under the FIFO method is €20 366. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €23 666. The cost of goods sold for Delta Aviation under the FIFO method is €23 666. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €18 770. The cost of goods sold for Delta Aviation under the FIFO method is €18 770. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €21 794. The cost of goods sold for Delta Aviation under the FIFO methoad is €21 794.
Transcribed Image Text:Date Activity Number of units Price per unit 14 Jan 2015 Beginning balance 430 €6,20 21 April 2015 Purchase 240 €6,90 11 July 2015 Purchase 3 430 €5,60 16 October 2015 Purchase 660 €4,30 Sales revenue Date Activity Number of units Price 31 December 2015 Sale 3 790 €12,80 Requirement: What is the cost of goods sold under under the First-In, First-Out (FIFO) method? In this exercise a comma is used as a decimal separator. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €20 366. The cost of goods sold for Delta Aviation under the FIFO method is €20 366. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €23 666. The cost of goods sold for Delta Aviation under the FIFO method is €23 666. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €18 770. The cost of goods sold for Delta Aviation under the FIFO method is €18 770. De kosten van de verkochte producten van Delta Aviation onder de FIFO methode zijn €21 794. The cost of goods sold for Delta Aviation under the FIFO methoad is €21 794.
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