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Cost flow methods The following three identical units of Item P 4 0 1 C are purchased during April: Assume that one unit is sold

Cost flow methods
The following three identical units of Item P401C are purchased during April:
Assume that one unit is sold on April 27 for $158.
Gross Profit Ending Inventory
a. First-in, first-out (FIFO)
b. Last-in, first-out (LIFO)
c. Weighted average cost
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