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Explaination of the question in this picture 2 INVENTORY COSTING UNDER A PERPETUAL SYSTEM . Inventory Cost Flow Assumptions .Inventory Costing Illustration . FIFO .

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2 INVENTORY COSTING UNDER A PERPETUAL SYSTEM . Inventory Cost Flow Assumptions .Inventory Costing Illustration . FIFO . LIFO . WEIGHTED AVERAGE . Financial Statement Effects of Costing Methods . Consistency in Using Costing Methods

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