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a.Calculate cost of goods sold, ending inventory, and gross profitunder the perpetual and periodie system for each of the followingcost flow assumptions:???FIFOMethod???Average-Co Kaisen Co. is

a.Calculate cost of goods sold, ending inventory, and gross profitunder the perpetual and periodie system for each of the followingcost flow assumptions:???FIFOMethod???Average-Co Kaisen Co. is a retail company that started operating on October 1,2023 . The transactions related to its inventory during October were as follows: Instructions: a. Calculate cost of goods sold, endin 0 answers

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