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During August, the Receipts and Distributions of Material No

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During August, the receipts and distributions of Material No. B4G9 are as follows: During August, the receipts and distributions of Material No. B4G9 are as follows:   a) Determine the cost of each of the three issues under a perpetual system, using the first-in, first-out method. b) Present the journal entry to record the issuance of the materials for the month, assuming that the cost of issuances is determined by the first-in, first-out method. a) Determine the cost of each of the three issues under a perpetual system, using the first-in, first-out method.
b) Present the journal entry to record the issuance of the materials for the month, assuming that the cost of issuances is determined by the first-in, first-out method.


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