Requlred Information Problem 8-5 (Algo) Various inventory costing methods [LO8-1, 8-4] [The
following Information applies to the questions displayed below.] A company began January with
4,000 units of Its principal product. The cost of each unit Is $7. Inventory transactions for the
month of January are as follows: * Includes purchase price and cost of freight. 5,000 units were
on hand at the end of the month. Problem 8-5 (Algo) Part 3 3. Calculate January's ending
Inventory and cost of goods sold for the month usIng FIFO, perpetual system..
Requlred Information Problem 8-5 (Algo) Various inventory costing met.pdf
1. Requlred Information Problem 8-5 (Algo) Various inventory costing methods [LO8-1, 8-4] [The
following Information applies to the questions displayed below.] A company began January with
4,000 units of Its principal product. The cost of each unit Is $7. Inventory transactions for the
month of January are as follows: * Includes purchase price and cost of freight. 5,000 units were
on hand at the end of the month. Problem 8-5 (Algo) Part 3 3. Calculate January's ending
Inventory and cost of goods sold for the month usIng FIFO, perpetual system.
![Requlred Information Problem 8-5 (Algo) Various inventory costing methods [LO8-1, 8-4] [The
following Information applies to the questions displayed below.] A company began January with
4,000 units of Its principal product. The cost of each unit Is $7. Inventory transactions for the
month of January are as follows: * Includes purchase price and cost of freight. 5,000 units were
on hand at the end of the month. Problem 8-5 (Algo) Part 3 3. Calculate January's ending
Inventory and cost of goods sold for the month usIng FIFO, perpetual system.](https://image.slidesharecdn.com/requlredinformationproblem8-5algovariousinventorycostingmet-230329160750-76727055/85/requlred-information-problem-85-algo-various-inventory-costing-metpdf-1-320.jpg)
