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Grouper Ltd. reports the following inventory transactions in a periodic inventory system...

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Accounting

Grouper Ltd. reports the following inventory transactions in a periodic inventory system for the month of June. A physical inventory
count determined that 1,700 units were on hand at the end of the month.
Determine the cost of the ending inventory and cost of goods sold using (1) FIFO and (2) average cost. (Round FIFO answers to the
nearest whole dollar, e.g.5,275 and Average cost answers to 2 decimal places, e.g.15.25. Round unit cost to 6 decimal places. e.g.15.243876.)
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