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E6-4A. Inventory Costing Methods-Periodic Method Archer Company is a retailer that uses the pe riodic inventory system. On August 1, it had 80 units of

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E6-4A. Inventory Costing Methods-Periodic Method Archer Company is a retailer that uses the pe riodic inventory system. On August 1, it had 80 units of product A at a total cost of $1,600. O August 5, Archer purchased 100 units of A for $2,116. On August 8, it purchased 200 units of A for $4,416. On August 11, it sold 165 units of A for $4,800. Calculate the August cost of goods sold and the ending inventory at August 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Round your final answers to the nearest dollar E6-SA. Inventory Costing Methods-Periodic Method The following data are for the Bloom Company, LO2 which sells just one product: Units Unit Cost Beginning inventory, January 1. Purchases: February 11 $10 14 16 18 ..200 400 100 400 380 March 1 July 1 Sales . HH9HSHESN Calculate the value of ending inventory and cost of goods sold using the periodic method and (a) first- in, first-out, (b) last-in, first-out, and (c) weighted-average cost method. Round your final answers to the nearest dollar

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