Question 1 what factors contribute to or cause inventory, Ask an Expert

Accounting

Question: 1. What factors contribute to (or cause) inventory shrinkage?

2. A What accounts are used in a periodic inventory system but not in a perpetual inventory system?

3. Segoe Company reports beginning inventory of 10 units at $50 each. Every week for four weeks it purchases an additional 10 units at respective costs of $51, $52, $55 and $60 per unit for weeks 1 through.

4. Calculate the cost of goods available for sale and the units available for sale for this fourweek period. Assume that no sales occur during those four weeks.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92341939

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