Answered You can hire a professional tutor to get the answer.
Acc 422 Exercise 8-12 (Part Level Submission) Flounder Company was formed on December 1, 2016. The following information is available from Flounder's...
Acc 422Exercise 8-12 (Part Level Submission)
Flounder Company was formed on December 1, 2016. The following information is available from Flounder's inventory records for Product BAP.
Units
Unit Cost
January 1, 2017 (beginning inventory)648$ 7.00Purchases: January 5, 20171,2968.00 January 25, 20171,4049.00 February 16, 201786410.00 March 26, 201764811.00
A physical inventory on March 31, 2017, shows 1,728 units on hand.
Prepare schedule to compute the ending inventory at March 31, 2017, under FIFO inventory method.
Please help and show how you get the answer
