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Chapter 6 Homework Applying the Cost of Goods Sold Model 1. The following amounts were obtained from the accounting records of Steed Company: 2. Required:

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Chapter 6 Homework Applying the Cost of Goods Sold Model 1. The following amounts were obtained from the accounting records of Steed Company: 2. Required: 3. Compute the missing amounts. 4. Year 1 Year 2 Year 3 Beginning inventory $12,600 5. Net purchases 67,300 64,100 6. 11,200 13,750 Ending inventory Cost of goods sold 44,500 49,800 7. Progress: 9/13 items Assignment Score: 48.08% All work saved. Email Instructor Save and Exit Submit Assignment for Grading

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