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- / 126 Pharoah Enterprises uses a periodic inventory system for buckets it sells. It had a beginning inventory on April 1 of 76 units

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- / 126 Pharoah Enterprises uses a periodic inventory system for buckets it sells. It had a beginning inventory on April 1 of 76 units at a cost of $6 per unit. During April, the following purchases and sales were made. Purchases April 7 66 13 132 units at $7.00 units at $8.00 units at $9.00 units at $10.00 23 102 29 51 351 Sales April 5 132 units at $20 11 102 20 92 units at $20 units at $20 units at $20 30 46 372 Compute the April 30 ending inventory and April cost of goods sold under (a) average cost, (b) FIFO, and (c) LIFO. (Round cost per unit to 2 decimal places, eg. 15.25 and final answer to O decimal places, eg. 1,525.) (a) Average-cost-Ending Inventory $ Cost of Goods Sold $ (b) FIFO - Ending Inventory $ Cost of Goods Sold $ (c) LIFO - Ending Inventory $ Cost of Goods Sold $ e Textbook and Media Attempts: 0 of 8 used Submit Answer Save for Later

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