Calculate the cost of goods sold dollar value for A74 Company for the sale on...
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Accounting
Calculate the cost of goods sold dollar value for A74 Company for the sale on March 11, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average (AVG). March 1 Beginning Inventory is 110 units at cost of $87 each, March 8 purchased 140 units at $89 each, March 11 sold 95 units for $120 each
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