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ABC Company uses a perpetual Inventory system. They had the following transactions in April 2013. Inventory balance April 1, 10 units @ $10 April 5,
ABC Company uses a perpetual Inventory system. They had the following transactions in April 2013. Inventory balance April 1", 10 units @ $10 April 5, purchased 20 units @ $12 April 10", sold 15 units April 12, purchased 18 units @ $15 April 24", sold 10 units Determine ABC's Cost of Goods Sold $ and Ending Inventory S under each Inventory costing method, UFO & FIFO Purchases Unit $ Date # Total $ # Cost of Goods Sold Unit $ Total $ # Ending Inventory Unit $ Total $ LIFO Total COGS Total Ending Inv Cost of Goods Sold Unit $ Total $ Purchases Unit $ Ending Inventory Unit $ Total $ Date # Total $ # # FIFO Total COGS Total Ending Inv__
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