ABC Company has the following sales, inventory, and purchases during the fiscal year ended December...
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ABC Company has the following sales, inventory, and purchases during the fiscal year ended December 31, 2020. ABC Company used a perpetual inventory system.
ABC Company has the following sales, inventory, and purchases during the fiscal year ended December 31,2020 . ABC Company used a perpetual inventory system. Sales price per unit is $172 Required 1. Calculate the dollar value of ending inventory and cost of goods sold using a. FIFO b. Moving Weighted Average Method. Round all unit costs to two decimal places. (Show your calculations on 11 columns worksheet) 2. Using your calculations from part 1, complete the following table for the entire year
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