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Calculate ending inventory, cost of goods sold, gross profit under each of the following methods. ( 1 ) LIFO, ( 2 ) FIFO. ( 3
Calculate ending inventory, cost of goods sold, gross profit under each of the following methods.
LIFO,
FIFO.
AveragecostRound per unit cost to decimal places, eg and final answers to decimal places, eg
tableLIFO,FIFO,AVERAGECOSTThe ending inventory,$The cost of goods sold,$$$
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