In 75 words or fewer, explain the difference in calculating cost of goods sold using the FIFO,

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In 75 words or fewer, explain the difference in calculating cost of goods sold ­using the FIFO, LIFO, and weighted- average inventory costing methods when using a ­perpetual inventory system.

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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