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Determine a) the ending inventory, b) cost of goods sold under each of the assumed cash flow methods (FIFO, LIFO, average cost). Sekhon Company had

Determine a) the ending inventory, b) cost of goods sold under each of the assumed cash flow methods (FIFO, LIFO, average cost). image text in transcribed
Sekhon Company had a beginning inventory on January 1 of 184 units of Product 4-18-15 at a cost of $22 per unit. During the year, the following purchases were made Mar. 15 460 units at $24 Sept. 4 380 units at $27 July 20288 units at $25 Dec. 2 115 units at $30

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