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Computing Cost of Goods Sold and Ending Inventory Bartov Corporation reports the following beginning inventory and purchases for 2017: ?? Computing Cost of Goods Sold

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Computing Cost of Goods Sold and Ending Inventory

Bartov Corporation reports the following beginning inventory and purchases for 2017:

??

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Computing Cost of Goods Sold and Ending Inventory Bartov Corporation reports the following beginning inventory and purchases for 2017: Beginning inventory 400 @ $10 each $4,000 Inventory purchased 700 @ $12 each 3.400 Cost of goods available 1'1 00 units $12,400 Bartov sells 600 of these units in 2017. Compute its cost of goods sold for 2017 and the ending inventory reported on its 2017 balance sheet under each of the following inventory costing methods: (Do not round until your final answer. Round to the nearest whole number.) FIFO LIFO Average cost Cost of goods sold :1; 0 $ 0 $ 0 Ending inventory 0 0 0

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