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Use the following information to complete this exercise: sales, 542 units for $1

ID: 2345122 • Letter: U

Question

Use the following information to complete this exercise: sales, 542 units for $17,886; beginning inventory, 286 units; purchases, 440 units; ending inventory, 184 units; and operating expenses, $3,800. Required: Complete the table for each situation. In Situations A and B (costs rising), assume the following: beginning inventory, 286 units at $14 = $4,004; purchases, 440 units at $15 = $6,600. In Situations C and D (costs falling), assume the opposite; that is, beginning inventory, 286 units at $15 = $4,290; purchases,440 units at $14 = $6,160. Use periodic inventory procedures

Explanation / Answer

you have asked too many question in a single poast this is against rules better split up the question in multiple posts,even the reply would be faster then thanks

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