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A company just starting business made the following four inventory purchases in June: A physical count of merchandise inventory on June 3 0 reveals that

A company just starting business made the following four inventory purchases in June:
A physical count of merchandise inventory on June 30 reveals that there are 230 unlis on hand.
a. Calculate the amount allocated to ending Inventory as of June 30 using:
a. FIFO
b. LIFO
c. Weighted Average
b. Calculate the amount allocated to cost of goods sold for the month of June using:
a. FIFO
b. LIFO
c. Welghted Average
c. Which inventory method results in the highest gross profit for June.
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