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Consider the following information for Maynor Company, which uses 3 perpetual inventory system: The company sold 41 units on May 1 and 36 units on
Consider the following information for Maynor Company, which uses 3 perpetual inventory system: The company sold 41 units on May 1 and 36 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO. b. LIFO. c. Weighted Average
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