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Baxter Company purchased items of inventory as follows: June 3 100 units @ $3.05 June 10 150 units @ $3.10 June 15 120 units @
Baxter Company purchased items of inventory as follows:
June 3 100 units @ $3.05
June 10 150 units @ $3.10
June 15 120 units @ $3.15
By the end of the month, Baxter had sold 125 units.
a) If the company uses the average-cost method for inventory, what is the Quantity & amount of the ending inventory?
b) If the company uses the FIFO method for Inventory, what is theQuantity & amount of the ending inventory?
c) If the company uses the LIFO method for Inventory, what is the Quantity &amount of the ending inventory
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