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card Corporation tracks the number of units purchased and sold throughout each accounting period but...

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Accounting

card Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory sting method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of ly. July 1 July 5 July 13 July 17 July 25 July 27 Beginning Inventory Sold Purchased Sold Purchased Sold Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold Units 2,000 1,000 6,000 3,000 8,000 5,000 FIFO Unit Cost $ 40 equired: alculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (b) LIFO, or (c) weighted verage cost. (Round "Cost per Unit" to 2 decimal places.) 44 LIFO 50 Weighted Average Cost
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rcard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory sting method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of ly. quired: alculate the cost of goods avallable for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (b) LIFO, or (c) weighted rerage cost. (Round "Cost per Unit" to 2 decimal places.)

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