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Current Attempt in Progress The accounting records of Larkspur Ag Implements show the following data. The beginning inventory had a unit cost of $3.
Current Attempt in Progress The accounting records of Larkspur Ag Implements show the following data. The beginning inventory had a unit cost of $3. Date Purchases Sold Balance (in units) May 1 3,000 May 9 May 13 (750x $4) $3,000 3,750 3,000 750 Determine the cost of goods sold during the period using the perpetual inventory system using FIFO, LIFO, and moving-average. (Round average cost per unit to 2 decimal places, e.g. 1.28 and final answers to O decimal places, eg. 5,125.) Cost of goods sold eTextbook and Media Save for Later FIFO LIFO $ Moving-Average Attempts: unlimited Submit Answer
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