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Crane Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 107 units were sold. Calculate the
Crane Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 107 units were sold. Calculate the ending inventory at May 31 and cost of goods sold using the FIFO, LIFO, and average-cost methods. (Round per unit cost to 3 decimal places, e.g. 15.647 and final answers to 0 decimal places, e.g. 5,125
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