Inventory Cost Methods Assume Following Facts Relate Inventory Fox Corp September 2016 Sep Q17769266

Inventory cost methods Assume the following facts relate to the inventory of Fox corp. for September, 2016 September 1 inventory 6,000 units, cost $ 8.00 each Sept 7 purchases 10,000 units, are $ 9.00 each Sept 18 purchases 8,000 units, at $10.00 each Sept 29th sales 9,000 units Assume the company uses the FIFO periodic method Compute ending inventory Compute the COGSShow transcribed image text Inventory cost methods Assume the following facts relate to the inventory of Fox corp. for September, 2016 September 1 inventory 6,000 units, cost $ 8.00 each Sept 7 purchases 10,000 units, are $ 9.00 each Sept 18 purchases 8,000 units, at $10.00 each Sept 29th sales 9,000 units Assume the company uses the FIFO periodic method Compute ending inventory Compute the COGS
 
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