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  3. assume the company uses three inventory pools inst

assume the company uses three inventory pools instead of one. compute ending inventory, cogs, and...

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Accounting

assume the company uses three inventory pools instead of one. compute ending inventory, cogs, and gross profit. (round price index to 2 decimal places and final answers to 0 decimal places) Kevin's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1,2025, Kevin adopted dollar-value LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: During 2025, the company had the following purchases and sales.

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