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2. < Question 2 (of 6) Consider the following information for Maynor Company, which uses a periodic inventory system: Transaction Units Unit Cost Total
2. < Question 2 (of 6) Consider the following information for Maynor Company, which uses a periodic inventory system: Transaction Units Unit Cost Total Cost January 1 Beginning Inventory 33 $83 $ 2,739 March 28 Purchase 43 89 3,827 August 22 Purchase 66 93 6,138 October 14 Purchase 71 99 7,029 Goods Available for Sale 213 $19,733 The company sold 71 units on May 1 and 66 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. (Round the per unit cost to two decimal places and then round your answer to the nearest whole dollar.) a. FIFO: Ending Inventory Cost of Goods Sold b. LIFO esc 80 F1 F2 F3 888 F4 F5 MacBook Air
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