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COGS and ending inventory with FIFO q9

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Question P.Albu company purchases and sells bicycles. The company has the following transactions during August 2017. According to the information below, please calculate the cost of good sold for august 14 and august 31 and calculate ending inventory at the end of august bu using FIFO method and average cost method August 1 / Beginning inventory / 10 units @ $91 each / August 3 / Purchase / 15 units @ $106 each / August 14 / Sales / / 20 units @ $115 each August 17 / Purchase / 20 units @ $115 each / August 28 / Purchase / 10 units @ $119 each / August 31 / Sales / / 23 units @ $150 each Answe ...
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