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Category > Management Posted 08 Oct 2017 My Price 4.00

Wright Company

Refer to the information in BE6–4. Calculate ending inventory and cost of goods sold for 2012, assuming the company uses LIFO.

BE6–4

During 2012, Wright Company sells 320 remote control airplanes for $100 each. The company has the following inventory purchase transactions for 2012.

Calculate ending inventory and cost of goods sold for 2012 assuming the company uses FIFO.

 

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Maurice Tutor
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Status NEW Posted 08 Oct 2017 09:10 PM My Price 4.00

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