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A) Use FIFO, calculate dollar amount of ending inventory and cost of goods sold B) Use LIFO, calculate dollar amount of ending inventory and cost

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A) Use FIFO, calculate dollar amount of ending inventory and cost of goods sold
B) Use LIFO, calculate dollar amount of ending inventory and cost of goods sold
Problem 6-2A Calculate ending inventory, cost of goods sol [The following information applies to the questions displayed below Greg's Bicycle Shop has the following transactions related to its top-selling Cost per Unit Total Cost Date March1 March 5 March 9 March 17 March 22 March 27 March 30 Units Beginning inventory Sale ($390 each) Purchase Sale ($440 each) Purchase Sale ($465 each) Purchase 20 $245 $ 4,900 15 10 265 2.650 275 10 12 2750 8 295 $ 12.660 References Section Break Problem 6-2A sales revenue 3, 6-8)

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