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Computing Cost of Goods Sold and Ending Inventory Bartov Corporation reports the following beginning inventory and purchases for the year. Beginninginventory 400 @ $12 each
Computing Cost of Goods Sold and Ending Inventory Bartov Corporation reports the following beginning inventory and purchases for the year. Beginninginventory 400 @ $12 each $4,800 Inventory purchased 600 @ $14 each 8,400 Cost of goods available 1,000 units $13,200 Bartov sells 600 ofthese units in during the year. Compute its cost of goods sold for the year and the ending inventory reported on its year-end 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 $ $ $ Ending inventory 0 Previous Save Answers
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