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Effects of Inventory Costing Methods Beston, Inc. has the following income statement data available for 2019 : Beston uses a perpetual inventory accounting system and

image text in transcribed Effects of Inventory Costing Methods Beston, Inc. has the following income statement data available for 2019 : Beston uses a perpetual inventory accounting system and the average cost method. Beston is considering adopting the FIFO or LIFO method for costing inventory. Beston's accountant prepared the following data

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