Using the data in SE 3, calculate the cost of ending inventory and cost of goods sold

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Using the data in SE 3, calculate the cost of ending inventory and cost of goods sold according to the FIFO method under the periodic inventory system.

LIFO Method: Periodic Inventory System

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Financial Accounting

ISBN: 9780547070025

9th Edition

Authors: Jr. Belverd E. Needles, Marian Powers

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