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Chute Inc. had the following inventory information: The December 31 (year-end) inventory count reveals that there are 25 units left in the warehouse, and Chute

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Chute Inc. had the following inventory information: The December 31 (year-end) inventory count reveals that there are 25 units left in the warehouse, and Chute uses the perpetual system. Calculate COGS and ending inventory at December 31 under the (a) FIFO, (b) LIFO and (c) average cost methods

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