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Swifty Outdoor Stores Inc uses a perpetual irventory system and has a beginning inventory, as at
April 1, of 150 tents. This consists of 52 tents purchased in February at a cost of $206 each and
98 tents purchased in March at a cost of $226 each. During April, the compary had the following
purchases and sales of tents: Detrrition bie cost of gade yold and the con of the endingt invertorv
uxing FiFo

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Swifty Outdoor Stores Inc uses a perpetual irventory system and has a.pdf

  • 1. Swifty Outdoor Stores Inc uses a perpetual irventory system and has a beginning inventory, as at April 1, of 150 tents. This consists of 52 tents purchased in February at a cost of $206 each and 98 tents purchased in March at a cost of $226 each. During April, the compary had the following purchases and sales of tents: Detrrition bie cost of gade yold and the con of the endingt invertorv uxing FiFo