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Brief Exercise 194 | Your answer is incorrect. Try again Hess Company's inventory records show the following data for the month of September: Unit Cost
Brief Exercise 194 | Your answer is incorrect. Try again Hess Company's inventory records show the following data for the month of September: Unit Cost Units 100 450 300 $3.00 3.50 3.70 Inventory, September 1 Purchases: September 8 September 18 A physical inventory on September 30 shows 150 units on hand Calculate the value of ending inventory and cost of goods sold if the company uses FIFO inventory costing and a periodic inventory system Ending inventory Cost of goods 825 2160
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