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EXERCISE & Cear Flow Assumptione Perle System (15 pts) The following inton is beter W on Com Assume that Waldron uses a periodic Inventory system
EXERCISE & Cear Flow Assumptione Perle System (15 pts) The following inton is beter W on Com Assume that Waldron uses a periodic Inventory system and that there we 650 units on hand at the end of the month Instructions: Answer the following independent questions and show.computations supporting your answers Assume that the company uses the FIFO method. Determine the value of the ending Inventory and the cost of Goods Sold 2 Card Gards Sold Ending Inventory Units Units Date Tool Assume that the company uses the LIFO method. Determine the value of the ending inventory and the cost of Goods Sold. LIFO DEnding Inventory 2)Cost Goods Sold Dute Units Unit Cost Total Cont IL Assume that the company uses the average-Cost method. Determine the value of the ending inventory and the Cost of Goods Sold. AVERAGE-COST 2) CostdGoods Sold Ending Inventory Average cost per Cinit Unit Cost Tol Cost BlExam #2
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