PF6A-37B (similar to) Futuristic Electronic Center began July with 65 units of merchandise inventory that...
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PF6A-37B (similar to) Futuristic Electronic Center began July with 65 units of merchandise inventory that cost $82 cach During July the store made the following purchases El the loon to view the purchases) Futuristic uses the periodic inventory system and the physical count at July 31 indicates that 80 units of merchandise inventory are on hand Read the imam Requirement 1. Determine the ending merchandise inventory and cost of goods sold amounts for the July financial statements using the FIFO, LIFO and weighted average inventory costing methods FO Color
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