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EAS Corporation reports the following for the month of June. Question 8: EAS Corporation reports the following for the month of June. Required: (a) Compute

EAS Corporation reports the following for the month of June.

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Question 8: EAS Corporation reports the following for the month of June. Required: (a) Compute the cost of the ending inventory and the cost of goods sold (during the month) under (i) FIFO and (ii) average cost. (b) Which costing method gives the higher ending inventory? Why? (c) Which method results in the higher cost of goods sold? Why

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