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[The following information applies to the questions displayed below.] For the current year, Walker...

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Accounting

[The following information applies to the questions displayed below.]
For the current year, Walker Games has the following inventory transactions related to its traditional board games. Walker Games uses a periodic inventory system.
\table[[Date,,Transactions],[January 1,Beginning inventory,],[March 12,Purchase,Total Cost],[September 17,Purchase,Unsts]]
Required:
Using FIFO, calculate ending inventory and cost of goods sold.
\table[[Ending inventory],[Cost of goods sold]]
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