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Other Fields Homework Help Accounting Topic started by: StormLrd on Nov 10, 2017



Title: Inventory data for Freezer Burn Corporation for the year ended December 31, 2013, are as ...
Post by: StormLrd on Nov 10, 2017
Inventory data for Freezer Burn Corporation for the year ended December 31, 2013, are as follows:

Beginning inventory   50 units at $150 each
March 31 purchase   50 units at $155 each
1st quarter sales   60 units
June 30 purchase   55 units at $160 each
2nd quarter sales   70 units
September 30 purchase   60 units at $170 each

Compute the perpetual ending inventory balance on December 31, 2013, using:
a.   FIFO
b.   Weighted-average


Title: Re: Inventory data for Freezer Burn Corporation for the year ended December 31, 2013, are as ...
Post by: Alexmosuthe on Nov 10, 2017
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Title: Re: Inventory data for Freezer Burn Corporation for the year ended December 31, 2013, are as ...
Post by: Princess Pascua on Dec 2, 2020
Ty