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10 Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of

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10 Aircard Corporation tracks the number of units purchased and sold throughout each accounting period but applies its inventory costing method at the end of each period as if it uses a periodic inventory system. The following are the transactions for the month of July 01:41:30 Unit Cost $40 July 1 July 5 July 13 July 17 July 25 July 27 44 Units 2,000 1,000 6,000 3, eee 8,000 5, eeo Beginning Inventory Sold Purchased Sold Purchased Sold 50 Calculate the cost of goods available for sale, ending inventory, and cost of goods sold if Aircard uses (a) FIFO, (6) LIFO, or (C) weighted average cost. (Round "Cost per Unit" to 2 decimal places.) FIFO Cost of Goods Available for Sale Ending Inventory Cost of Goods Sold $ 744,000 350,000 $ 394,000 LIFO Weighted Average Cost $ 744,000 $ 744,000 300,000 342,000 $ 444,000 402,000

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