Determine (1) the ending inventory and (2) the cost of goods sold under each of...
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Accounting
Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods FIFO LIFO, and averagecost Prove the accuracy of the cost of goods sold under the FIFO and LIFO methods. Round answers to decimal places, eg Use weightedaverage unit cost rounded to decimal places for computations.
FIFO
LIFO
AVERAGECOST
The ending inventory
The cost of goods sold
$
$
$
$
$
$
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