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3 16 points 00:43:32 TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory
3 16 points 00:43:32 TB Problem 7-196 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a periodic inventory system: January 1 March 28 August 22 October 14 Goods Available for Sale Transaction Beginning Inventory Purchase Purchase Purchase a. FIFO b. LIFO c. Weighted Average Units 23 33 46 51 153 Unit Cost $73 79 83 89 The company sold 51 units on May 1 and 46 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. Total Cost $ 1,679 2,607 3,818 4,539 $ 12,643 Complete this question by entering your answers in the tabs below. 3294 2094
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