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Calculate ending inventory at October 31 and cost of goods sold for the month assuming that DL used (1) FIFO and (2) average cost.
Calculate ending inventory at October 31 and cost of goods sold for the month assuming that DL used (1) FIFO and (2) average cost. (Round average cost per unit to 2 decimal places, g. 50.25 and all other answers to the nearest whole dollar, e.g. 5,275.) FIFO Cost of ending inventory $ Cost of goods sold $ Average
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