If the perpetual inventory record is kept in dollars, and costs are computedat the time of each withdrawal, what amount would be shown as endinginventory in FIFO ,LIFO ,AVg cost above
Average inventory |
||
Unit | Amount in $ | |
FIFo | 1170 | 8429 |
LIFo | 1170 | 7986 |
AVG Cost | 1170 | 8275.394489 |
If the perpetual inventory record is kept in dollars, and costs are computedat the time of Units, what amount would be shown as endinginventory in FIFO ,LIFO ,AVg cost above
Average inventory |
||
Unit | Amount in $ | |
FIFo | 1170 | 8429 |
LIFo | 1170 | 7620 |
AVG Cost | 1170 | 7928 |