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Beginning Inventory, Purchases, and Sales Data for Hammers Are as Follows

Question 89

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Beginning inventory, purchases, and sales data for hammers are as follows: Beginning inventory, purchases, and sales data for hammers are as follows: ​ Assuming the business maintains a perpetual inventory system, complete the inventory cards and calculate the cost of goods sold and ending inventory under the following assumptions: (a) First-in, first-out ​ (b) Last-in, first-out ​
Assuming the business maintains a perpetual inventory system, complete the inventory cards and calculate the cost of goods sold and ending inventory under the following assumptions:
(a) First-in, first-out Beginning inventory, purchases, and sales data for hammers are as follows: ​ Assuming the business maintains a perpetual inventory system, complete the inventory cards and calculate the cost of goods sold and ending inventory under the following assumptions: (a) First-in, first-out ​ (b) Last-in, first-out ​
(b) Last-in, first-out Beginning inventory, purchases, and sales data for hammers are as follows: ​ Assuming the business maintains a perpetual inventory system, complete the inventory cards and calculate the cost of goods sold and ending inventory under the following assumptions: (a) First-in, first-out ​ (b) Last-in, first-out

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