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Exercise 6-08a-d Concord Company had 100 units in beginning inventory at a total cost of $5,000. The comany purchase d at the of the Year

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Exercise 6-08a-d Concord Company had 100 units in beginning inventory at a total cost of $5,000. The comany purchase d at the of the Year Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, dava The cost of the ending inventory The cost of goods sold Wich cost method would result is the highest net income? which cost tow method would rest in m ore dating current cost in the balance sheet? Exercise 6-08 and Concord Company had 100 units in beginning inventory at a total cost of $8,000. The company purchased 200 units at a total cost of $22.000. At the end of the year, Concord had 75 unitsin ending in Compute the cost of the ending Inventory and the cost of goods sold under FIFO, LIFO, and average cost. (Round average-cost per unit and final a FIFO vers to decimal place The cost of the ending inventory The cost of goods sold

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