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Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold 71 units on May 1 and 66 units on
Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold 71 units on May 1 and 66 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 Complete this question by entering your answers in the tabs below
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