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Current Attempt in Progress Battery Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Calculate
Current Attempt in Progress Battery Limited uses a perpetual inventory system. The inventory records show the following data for its first month of operations: Calculate the cost of goods sold and ending inventory using the FIFO cost method. Cost of goods sold Ending inventory Attempts: 1c Calculate the cost of goods sold and ending inventory using the average cost method. (Round average cost per unit to 2 decimal places, eg. 1.25. Round intermedlate and final answers to 0 decimal ploces, eg. 5.125.) Cost of goods sold $ Ending inventory
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