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Eggers Company reports the following for the month of June. Instructions Compute the cost of the ending inventory and the cost of goods sold under

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Eggers Company reports the following for the month of June. Instructions Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round average unit cost to three decimal places). Which costing method gives the highest ending inventory? The highest cost of goods sold? Why? How do the average-cost values for ending inventory and cost of goods sold relate to ending inventory and cost of goods sold for FIFO and LIFO? Explain why the average cost is not $6

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