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2. 375 points Required information 2. Compute the difference between the pretax income and the ending inventory amounts for the two cases. (Negative amount should
2. 375 points Required information 2. Compute the difference between the pretax income and the ending inventory amounts for the two cases. (Negative amount should be indicated with a minus sign.) of Amounts Case A FIFO Case B LIFO Pretax income Ending inventory ReferencescBook & Resources Worksheet Learning Objective: 07-02 Report inventory and cost of goods sold using the four inventory costing methods Difficulty: 3 Hard Learning Objective: 07-03 Decide when the use of dlifferent inventory costing methods is beneficial to a company
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