Date|Units Purchased|Cost Per Unit January1|

  1. Date|Units Purchased|Cost Per UnitJanuary1| 10| 8.00 (Beginning inventory) January18| 50| 9.00 February20| 20| 11.00 March15|
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    2. TheRealPrincess asked by TheRealPrincess
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  2. Cost flow methodsThe following three identical units of Item P401C are purchased during April: Date Item Beta Units Cost Apr. 2
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  3. Date Activities Units Acquired at Cost Units Sold at RetailMar. 1 Beginning inventory 50 units @ $50/unit Mar. 5 Purchase 200
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  4. Cost flow assumptions-FIFO and LIFO using a periodic system. Beginning inventory was 600 units at a cost of $20 per unit. Goods
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  5. A company that uses perpetual inventory system made the following cash purchases and sales:January 1 Purchased 100 units at $10
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  6. A company that uses perpetual inventory system made the following cash purchases and sales:January 1 Purchased 100 units at $10
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  7. ABC Ltd has the following inventory records for the month of January 20.20January 1 Inventory on hand: 50 units at a cost of R10
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  8. eriodic inventory using FIFO, LIFO, and weighted average cost methodsThe units of an item available for sale during the year
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  9. Anthony Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.Date
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  10. Bristol Sales had the following transactions for DVD’s in 2012, its first year of operations.Jan. 20 Purchased 75 units @ $17
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