PROJECT FIFO - ACG203 A Your Name Inventory Project Due...

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ACG203 A Spring 2008 Your Name Product Sales Price Inventory Project K $100.00 Due 3/7/08 M $150.00 T $85.00 Date Purchase COGS Product Quantity Amount Balance Product Quantity Amount Balance 2/1/2008 2/2 K 100 35 2/3 K 60 K 50 30 1500 K 10 35 350 2/4 M 200 50 2/5 2/6 K 80 40 2/7 2/8 T 50 20 2/9 T 30 T 7 25 175 T 23 20 460 2/10 K 160 55 2/11 2/12 M 50 49 2/13 K 60 50 2/14 2/15 T 40 30 2/16 M 160 M 70 45 3150 M 90 50 4500 2/17 K 300 60 2/18 2/19 2/20 M 80 65 2/21 K 150 K 90 35 3150 K 60 40 2400 2/22 2/23 K 70 60 2/24 M 180 1. Your company has three products it sto Inventory. Your company uses FIFO curr Compute the Ending Balance with the Eve February.
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M 110 50 5500 M 50 49 2450 M 20 65 1300 2/25 M 125 60 2/26 T 65 2/27 T 100 25 2/28 K 100 55 2/29 M 150
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Beginning Inventory Product Quantity Amount Balance K 50 $30.00 $1,500.00 M 70 $45.00 $3,150.00 T 7 $25.00 $175.00 127 $100.00 $4,825.00 Ending Inventory Product Quantity Amount Balance Product Quantity Amount K 50 30 1500 M 70 $45.00 K 100 35 3500 K 150 5000 M 70 $45.00 K 90 35 3150 K 80 40 3200 M 200 50 K 170 35 6350 M 270 K 90 35 3150 M 70 45 K 80 40 3200 M 200 50 K 170 6250 M 270 K 160 55 8800 M K 60 50 3000 M 50 49 K 220 11800 M 330 K 90 35 3150 M 110 50 K 80 40 3200 M 50 49 K 160 55 8800 M 160 K 60 50 3000 K 390 18150 K 300 60 18000 M 80 65 K 690 36150 M 240 K 20 40 800 K 160
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