Refer to the information in Exercise 6-3 and assume the periodic inventory system is used. Determine the
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Refer to the information in Exercise 6-3 and assume the periodic inventory system is used. Determine the costs assigned to ending inventory and to cost of goods sold using {a) specific identification,
(b) weighted average,
(c) FIFO, and {d) LIFO. (Round per unit costs and inventory amounts to dollars and cents.)
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Related Book For
Fundamental Accounting Principles Volume 2
ISBN: 9780077716660
21st Edition
Authors: John Wild, Ken Shaw, Barbara Chiappetta
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