Lisa Company had 150 units in beginning inventory at a total cost of $18,000. The...
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Lisa Company had 150 units in beginning inventory at a total cost of $18,000. The company purchased 210 units at a total cost of $31,500. At the end of the year, Lisa had 70 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.)
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