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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

 

 

0

Answer:

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

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