49.The following data were available for Product Z at Mar 31, 20X1: Beg inventory 50 units @ 12 Purchases: Mar 2 60 units @ 11 Mar 17 60 units @ 10 Sales: Mar 5 80 units Mar 20 50 units How much is the ending inventory under FIFO perpetual? 400 419 438 480

49.The following data were available for Product Z at Mar 31, 20X1: Beg inventory 50 units @ 12 Purchases: Mar 2 60 units @ 11 Mar 17 60 units @ 10 Sales: Mar 5 80 units Mar 20 50 units How much is the ending inventory under FIFO perpetual? 400 419 438 480

Name: 49.The following data were available for Product Z at Mar 31, 20X1:B
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Description: 49.The following data were available for Product Z at Mar 31, 20X1:Beg inventory 50 units @ 12Purchases:Mar 2 60 units @ 11Mar 17 60 units @ 10Sales: Mar 5 80 unitsMar 20 50 unitsHow much is the ending inventory under FIFO perpetual? 400419438

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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