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Write a memo explaining why the party store would have


The Party Store had the following series of transactions for 2013:

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Required: 

a. Determine the quantity and dollar amount of inventory at the end of the year, assuming The Party Store uses the FIFO cost flow assumption and keeps perpetual records. 

b. Write a memo explaining why The Party Store, would have difficulty applying the weighted average method on a perpetual basis.

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Managerial Accounting: Write a memo explaining why the party store would have
Reference No:- TGS01241841

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