Can you please answer question 2 Moroni Industries hae a.. 1....
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Accounting
Can you please answer question 2 
Moroni Industries hae a.. 1. Assuming that a Perpetual inventory system is used, what is the amount allocated to ending inventory and Cost of Goods Sold on a FIFO basis? 2. Assuming that a periodic Inventory system is used, what is the amount allocated to ending inventory and Cost of Goods Sold on a LFO basis
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