# Inventory – LIFO/FIFO June Transactions Purchases Sales June 1 [email protected] \$3.20 June 2 600 @\$5.50 June 3 2,200 @ \$3.

Inventory – LIFO/FIFOJune Transactions Sales 600 @\$5.50 1,[email protected]\$5.50 1,[email protected]\$5.50 June 10 400 @ \$6.00 June 18 1,400 @\$6.00 June 25 200 @ \$6.00 A) Assuming that perpetual inventory records are kept in units only, the ending inventory on a LIFO basis is? B) Assuming that perpetual inventory records are kept in dollars, the ending inventory on a LIFO basis is? C) Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is? D) Assuming that perpetual inventory records are kept in units only, the ending inventory on an average-cost basis, rounded to the nearest dollar is?my question is : what’s the different for “kept in units only? and kept in dollars” in LIFO,and FIFO perpetual system?

### Order the answer to view it

Place this order or similar order and get an amazing discount. USE Discount code “GET20” for 20% discount

Posted in Uncategorized