ClaytenR11164 ClaytenR11164

03-11-2022
Mathematics

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Calculate the unit price of the closing inventory and its total cost The company uses the FIFO methodDate TransactionsUnits Sold Unit Cost ($) Total Cost ($)Jan 09Beginning Inventory700105,000Jan 18Purchase50010.505,250Jan 27Sale800?Jan 31Closing400?The unit price of the closing inventory is $and the total cost is $

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