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Given the following data for a firm: Units Unit Price Beginning Inventory 709 $2.00 Purchases 556 $6.00 Sales 959 $13.00 SGA Expenses $2,649 per annum
Given the following data for a firm:
Units | Unit Price | |
Beginning Inventory | 709 | $2.00 |
Purchases | 556 | $6.00 |
Sales | 959 | $13.00 |
SGA Expenses | $2,649 per annum |
Cost of goods sold using the average cost method and using the first in first out (FIFO) method are closest to:
plz find FIFO and Average cost
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