57 units are in the ending inventory from the units that were purchased first. Beginning inventory: 90 units at $33.82 March 8: 70 units at $28.11 June 10: 65 units at $37.51 August 12: 40 units at $21.08

57 units are in the ending inventory from the units that were purchased first. Beginning inventory: 90 units at $33.82 March 8: 70 units at $28.11 June 10: 65 units at $37.51 August 12: 40 units at $21.08

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Description: Hi,I have given the answer below I need to know HOW to get the answer though. Solve the problem using the information given in the table and the last- in, first-out inventory method. Round dollar amounts to the nearest cent. Chart attached. Determine

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 13MC: There were 1,000 units in ending inventory after transferring 16,000 units to finished goods...

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