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a)What would Hershey's Cost of Good Sold have been if the company had instead used FIFO to value all of its inventories? b)Did Hershey pay
a)What would Hershey's Cost of Good Sold have been if the company had instead used FIFO to value all of its inventories?
b)Did Hershey pay MORE or LESS tax in the most recent year from using LIFO rather than FIFO?How much?Indicate both whether Hershey paid MORE or LESS tax in 2019 and how much more or less. Assume a tax rate of 30%.
c)Did Hershey pay MORE or LESS tax cumulatively from using LIFO rather than FIFO?How much?Indicate both whether Hershey paid MORE or LESS cumulative tax and how much more or less. Assume a tax rate of 30%.
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