An isosceles triangle has area of 110 ft. If the base is 14 ft, what is the length of each leg? Round your
1 answer:
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Answer:
The value of ending inventory will be items of latest purchase.
Step-by-step explanation:
Given that,
Lisa Company uses the periodic inventory system to account for inventories.
Information related to Lisa Company's inventory at October 31 is given,
Suppose, find the value of ending inventory using the FIFO cost assumption if 500 units remains on hand at october 31
We need to calculate the value of ending inventory
Using FIFO method
Hence, The value of ending inventory will be items of latest purchase.