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Given the following information by ZZZ Company, use FIFO and AVICO to compute the: a. cost of materials issued b. cost of closing stock

Given the following information by ZZZ Company, use FIFO and AVICO to compute the: a. cost of materials issued b. cost of closing stock Days 1 2 3 4 5 6 Units 40 20 50 Receipts Rate per unit (BD) 15 16.5 17.10 Issues (units) 30 20 40

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