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Assume that Oriole Company has the following transactions in its first month of operations. Sold Date Feb. 1 Feb. 10 Feb. 21 Feb. 28 Purchases

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Assume that Oriole Company has the following transactions in its first month of operations. Sold Date Feb. 1 Feb. 10 Feb. 21 Feb. 28 Purchases 2.200 @ $3.20 5,800 @$3.65 Balance 2.200 units 8.000 units 4.400 units 6,300 units 3,600 units 1.900 @ $4.05 Oriole uses a perpetual inventory system. (a) Your answer has been saved. See score details after the due date. Compute cost of goods sold and ending inventory at February 28, assuming Oriole uses the FIFO cost flow assumption. Cost of goods sold $ 12150 $ 23755 Ending inventory Attempts: 1 of 1 used (b) Compute cost of goods sold and ending inventory at February 28, assuming that Oriole uses the LIFO cost flow assumption Cost of goods sold $ Ending inventory Attempts: 0 of 1 used Submit Answer Save for Later (c) The parts of this question must be completed in order. This part will be available when you complete the part above

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