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1. Calculate the Moving-Average cost per unit at January 1,5,8,10,15,16,20 & 25. 2. For each of the following cost flow assumptions, calculate cost of goods
1. Calculate the Moving-Average cost per unit at January 1,5,8,10,15,16,20 & 25.
2. For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-Average cost.
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