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Assume that Carla Vista Company has the following transactions in its first month of operations. Compute cost of goods sold and ending inventory at February
Assume that Carla Vista Company has the following transactions in its first month of operations. Compute cost of goods sold and ending inventory at February 28, assuming Carla Vista uses a perpetual inventory system and the FIFO cost flow assumption. (Round answers to 0 decimal places, e.g. 1,245.) Compute cost of goods sold and ending inventory at February 28 , assuming Carla Vista uses a perpetual inventory system and the LIFO cost flow assumption. (Round answers to 0 decimal places, e.g. 1,245.)
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