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S67 Examine S63 (FIFO costing) and S65 (moving-weighted-average costing). Focus on the sale of goods...

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Accounting

S67 Examine S63 (FIFO costing) and S65 (moving-weighted-average costing). Focus on the sale of goods on June 30. Why is cost of goods sold different between FIFO costing and moving-weighted-average costing? Explain. 3 Paragraphs 3-5 sentences each.

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