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Business, 27.12.2019 00:31 miathegreat

Hamilton company uses a periodic inventory system. at the end of the annual accounting period, december 31 of the current year, the accounting records provided the following information for product 1: units unit cost inventory, december 31, prior year 1,960 $ 6 for the current year: purchase, march 21 6,200 5 purchase, august 1 4,020 3 inventory, december 31, current year 2,980 required: compute ending inventory and cost of goods sold under fifo, lifo, and average cost inventory costing methods

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