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-/1 View Policies Current Attempt in Progress In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1)
-/1 View Policies Current Attempt in Progress In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence: (1) 155 units at $7.(2) 410 units at $8, and (3) 100 units at $9. Assuming there are 310 units on hand, compute the cost of the ending inventory under the FIFO method and LIFO method. Bethke uses a periodic inventory system. FIFO Cost of the ending inventory LIFO $ Save for Later Attempts: 0 of 1 used Submit
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