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c . Why is the average unit cost not is methods to perperual * E 6 . 1 8 ( LO 5 ) Information about
c Why is the average unit cost not
is methods to perperual
ELO Information about Elsa's Boards is presented in E Additional data regarding Elsa's sales of Xpert snowboards are provided below. Assume that Elsa's uses a perpetual inventory system,
Instructions
a Compute ending inventory at September using FIFO, LIFO, and movingaverage cost.
b Compare ending inventory using a perpetual inventory system to ending inventory using a periodic inventory system from E
c Which inventory cost flow method FIFO LIFO gives the same ending inventory value under both periodic and perpetual? Which method gives different ending inventory values?
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