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Chapter 6: Homework Question 4 of 4 4.32/8 Your answer is partially correct. Calculate cost of the ending inventory and the cost of goods sold
Chapter 6: Homework Question 4 of 4 4.32/8 Your answer is partially correct. Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual inventory system. Assume a sale of 430 units occurred on June 15 for a selling price of $7 and a sale of 55 units on June 27 for $8. (Round intermediate calculations and final answers to 0 decimal places, e.g. 125.) FIFO LIFO Moving-Average The cost of the ending inventory $ 1.555 $ 1410 $ 1359 The cost of goods sold $ 2,295 $ 2.440 $ 2.488 e Textbook and Media Attempts: 2 of 3 used Submit Answer Save for Later e to search
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