Fifo with periodic inventory approach

Anonymous
timer Asked: Oct 18th, 2018
account_balance_wallet $10

Question Description

I have 2 questions about Fifo with periodic inventory approach . In the pic attached below is the two questions listed.

Only number 4.22&4.23


Fifo with periodic inventory approach
cbb5f0b0_709b_4ce4_b81b_11f44531923f.jpeg

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Tutor Answer

Tutorbetie
School: Carnegie Mellon University

Attached.

(1). LIFO Perpetual Inventory Card:
Date
Units
Jan, 1
May, 6

Purchases
Unit cost Total
Units
7
23
161
14
26
364

July, 14

Sales
Unit cost Total

14
6

Nov, 10

9

Total

30

26
23

Units

364
138

1
1...

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Review

Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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