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Assume that Mug shot Coffee Shop completed the following peniodic imversory transwctons for a Ine of merchandise inventory (6) click the toon to vew the

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Assume that Mug shot Coffee Shop completed the following peniodic imversory transwctons for a Ine of merchandise inventory (6) click the toon to vew the transactions) Read the cequimenents. Requirements 1,2, and 3. Compute ensing merchandse inventon, cost of goods sold, and gross proff using the (1) FifO imentory costryg method, (2) UFO inventory coving method, and (3) Weighted-average inventory conting method. (Round woighted-everige cost per unit to the nearest cent and all other amounts to the neavent dotar) Begin by determining ending merchandise invertory and cost of goods sold under coch of the trree methods More info

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