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Blossom Interiors reports the following for the month of June. Date...

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Question

Accounting

Blossom Interiors reports the following for the month of June.

Date

Explanation

Units

Unit Cost

Total Cost

June 1

Inventory

185

5

925

12

Purchase

300

6

1,800

23

Purchase

515

7

3,605

30

Inventory

145

Compute the cost of the ending inventory and the cost of goods sold under FIFO and average-cost.

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