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1. Calculate the ending inventory under each of the following methods given the information below about purchases and sales during the year. Assume a periodic

1. Calculate the ending inventory under each of the following methods given the information below about purchases and sales during the year. Assume a periodic inventory system April 1 Beginning inventory 20 units@ $30 70 units $32 50 units $35 11 Purchases 21 Purchases Sales for April: 115 units a. b.FIFO C.LIFO c Weighted-average

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