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Calculate ending inventory, cost of goods sold, gross profit under each of the following methods (1) LIFO (2) FIFO (3) Average-cost. (Round average-cost method answers
Calculate ending inventory, cost of goods sold, gross profit under each of the following methods (1) LIFO (2) FIFO (3) Average-cost. (Round average-cost method answers to 2 decimal places, e.g. 1,250.25 and other answers to 0 decimal places, e.g. 1,250.)
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