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Business, 12.03.2021 15:00 Brandonjr12

At December 31, 2012, there was an ending inventory of 360 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost method.

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At December 31, 2012, there was an ending inventory of 360 units. Assume the use of the periodic inv...

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