Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 305 Weeks Ago, 6 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Art & Design Posted 05 Aug 2017 My Price 4.00

cost flow methods

Aug. 1 Inventory on hand—2,000 units; cost $6.10 each.8 Purchased 10,000 units for $5.50 each.14 Sold 8,000 units for $12.00 each.18 Purchased 6,000 units for $5.00 each.25 Sold 7,000 units for $11.00 each.31 Inventory on hand—3,000 units.Required:Determine the inventory balance Altira would report in its August 31, 2011, balance sheet and the cost of goods sold it would report in its August 2011 income statement using each of the following cost flow methods:1. First-in, first-out (FIFO)

 

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Maurice Tutor
(5)
Status NEW Posted 05 Aug 2017 08:08 PM My Price 4.00

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