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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 300 @ $8 each

Computing Cost of Goods Sold and Ending Inventory.

Bartov Corporation reports the following beginning inventory and purchases for 2017

Beginning Inventory 300 @ $8 each $2,400
Inventory Purchased 700 @ $10 each 7,000
Cost of goods available 1,000 units $9,400

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 final answer. Round to the nearest whole number.)

FIFO LIFO AVERAGE COST
Cost of goods sold $ $ $
Ending inventory 0 0 0

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