In its first month of operations, Tamarisk Company made three purchases of merchandise in the...
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Accounting
In its first month of operations, Tamarisk Company made three purchases of merchandise in the following sequence: units at $ units at $ and units at $ Assuming there are units on hand, compute the cost of the ending inventory under the a FIFO method and b LIFO method. Tamarisk uses a periodic inventory system. FIFO a Cost of the ending inventory $ LIFO b Cost of the ending inventory $ 
In its first month of operations, Tamarisk Company made three purchases of merchandise in the following sequence: units at
$ units at $ and units at $
Assuming there are units on hand, compute the cost of the ending inventory under the a FIFO method and b LIFO method.
Tamarisk uses a periodic inventory system.
FIFO
a Cost of the ending inventory $
LIFO
b Cost of the ending inventory $
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