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Answer please the question below Typed Written not as a picture please Show calculations for all questions to receive full mark Question 5: $22 Eve
Answer please the question below Typed Written not as a picture please
Show calculations for all questions to receive full mark Question 5: $22 Eve Corporation have the following inventory information: Units Unit Cost Nov. 1 Beginning inventory 100 Nov. 5 Purchase 75 $23 Nov. 18 Purchase 120 $25 Nov. 29 Purchase $30 A physical count of inventory on November 30th revealed that 200 units were sold during the month. Required 1. Calculate the cost of goods sold and the ending balance inventory using: LIFO, FIFO, and average cost. 2. Explain why ending inventory and cost of goods sold differ under the three methods of inventory valuationsStep by Step Solution
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