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Lily Company had 100 units in beginning inventory at a total cost of $ 8,000....

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Accounting

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Lily Company had 100 units in beginning inventory at a total cost of $ 8,000. The company purchased 200 units at a total cost of $ 22,000. At the end of the year, Lily had 93 units in ending inventory. (a) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round average-cost per unit and final answers to 0 decimal places, e.g. 1,250.) FIFO LIFO Average-cost The cost of the ending inventory $ $ $ The cost of goods sold $ $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit Answer View Policies Current Attempt in Progress Sandhill Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 300 $ 12.00 $3,600 12 Purchase 450 13.00 5,850 23 Purchase 750 14.00 10,500 30 Inventory 160

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