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Assuming that the Bueno keeps perpetual inventory

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Assuming that the Bueno keeps perpetual inventory Use the following information for questions 1–3. Bueno Company’s purchase and sales transactions for the month of July were as follows: Purchases July 3 (balance) 2,000@ €4.00 16 6,000@ 4.40 30 2,000@ 4.75 The company sold 4,000 units on July 22. 1. Assuming that the Bueno keeps perpetual inventory records, July’s cost of goods sold on a FIFO basis is a. €16,800. b. €17,200. c. €26,700. d. €27,100. 2. Assuming that Bueno keeps perpetual inventory records, inventory at July 31 on a moving-average basis is a. €17,200. b. €17,650. c. € 26,340. d. €26,700. 3. Assuming that the company keeps perpetual inventory records, Bueno’s ending inventory on a LIFO basis is a. €16,800. b. €17,560. c. €26,300. d. €27,100. Use the following information for questions 4 and 5. Swiss-Mart Company’s beginning inventory balance and purchase and sales transactions for the month of June were as follows: Purchases Sales June 1 2,000@CHF6.00 June 8 4,500 7 6,000@ 6.40 24 6,000 22 3,500@ 6.60 4. Assuming that Swiss-Mart keeps perpetual inventory records, the inventory at June 30 on a FIFO basis is a. CHF6,000. b. CHF6,600. c. CHF10,500. d. CHF11,500. 5. Assuming that the company keeps perpetual inventory records, Swiss-Mart’s inventory at June 30 on a LIFO basis is a. CHF6,000. b. CHF6,400. c. CHF6,600. d. CHF7,000. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help

Assuming that the Bueno keeps perpetual inventory

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