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itshammertime itshammertime
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9 months ago

The following information was provided to Miah, owner of Morse Market. Can you help Miah calculate the cost of ending inventory under LIFO, FIFO, and weighted average? During the year, a total of 1,200 were sold.

January 1 inventory500 at $ 2
April 10300 at $ 3
June 20500 at $ 4
August 1200 at $ 5
November 15100 at $ 11
Textbook 
Math for Business and Finance: an Algebraic Approach

Math for Business and Finance: an Algebraic Approach


Edition: 3rd
Author:
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cglotfeltycglotfelty
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9 months ago
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itshammertime Author
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9 months ago
Helped a lot
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Smart ... Thanks!
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