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CASE 2: From the following information calculate historical and CPP adjusted cost of goods sold assuming FIFO method Opening stock 250000 (price index 100) Purchase

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CASE 2: From the following information calculate historical and CPP adjusted cost of goods sold assuming FIFO method Opening stock 250000 (price index 100) Purchase 1 150000 (price index 125) Purchase II 160000 (price index 150) Closing stock 185000 (price index 200)

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