The Caitlin Company, which uses the periodic inventory system, has the following records: Ending inventory was 400
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The Caitlin Company, which uses the periodic inventory system, has the following records:
Ending inventory was 400 units. Compute the ending inventory and the cost of goods sold for the year using
(a) first-in, first out,
(b) weighted-average cost,
(c) last-in, first-out.
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