Marge sells dessert dogs at the local bakery. Since they have a shelf life of ju
ID: 2459123 • Letter: M
Question
Marge sells dessert dogs at the local bakery. Since they have a shelf life of just a few days, she The first in. first out method of inventory. Complete the inventory chart below for Marge s dessert dogs. Artie manufactures and sells computer chips. Since new items coming off the building line arc placed in front of the old on the storage shelves, and because it is easiest to grab items from the front when filling orders. Artie uses a last in. first out inventory method. Complete the inventory chart below for Artie's computer chips.Explanation / Answer
Solution 14; dessert dogs inventory at First in , First out
Solution 15; computer chips inventory at Last in , First out
date OB average unit cost total cost unit receipts unit cost total cost Total cost (OB + Qty in) Issues Number of units on hand Nov 14 12 0.50 6 52 0.51 26.52 32.52 58 6 Nov 15 6 0.51 3.06 58 0.48 27.84 30.90 48 16 Nov 16 16 0.48 7.68 52 0.49 25.48 33.16 50 18