Your radiology department purchased film on the following, Ask an Expert

Finance

Your radiology department purchased film on the following dates and amounts:

Units Price Total

January 1 beginning balance 10 Units $150 price $1,500 total

July 1 purchase 10 units $155 price 1,550 total

December 1 purchase 20 units $160 price 3,200 total

Total 40 units $6,250 Ending Inventory 25

Using FIFO, LIFO, and weighted average, what is your ending cost of inventory?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91776213

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