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15) Fiza Dog Company had the following balances and transactions during 2020: Beginning Merchandise Inventory March 10 June 10 October 30 100 units at $100
15) Fiza Dog Company had the following balances and transactions during 2020: Beginning Merchandise Inventory March 10 June 10 October 30 100 units at $100 Sold 75 units Purchased 150 units at $120 Sold 155 units What would the company's ending merchandise inventory and cost of goods sold amounts be on December 31, 2020 if the perpetual last-in, first-out and periodic first-in, first-out costing methods are used? (10 marks)
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