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20. XoCo, which begins business in May and uses the perpetual metnod anu moving average costing, shows the following data: -The balance in XoCo's inventory
20. XoCo, which begins business in May and uses the perpetual metnod anu moving average costing, shows the following data: -The balance in XoCo's inventory account on May 31 is ... a. $22,125 b. $20,833 c. $21,705 d. $23,875 21. MaCo begins operations in 20X1 and uses the periodic method and FIFO costing. In March, 20X1, MaCo buys 700 unita units@\$6.andin NT Step by Step Solution
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