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Hamilton Company uses a periodic Inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided

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Hamilton Company uses a periodic Inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following Information for product 1: Units Unit Cost Inventory, December 31, prior year 1,920 $7 For the current year: Purchase, March 21 6, 100 Purchase, August 1 4,090 Inventory, December 31, current year 2,910 Required: Compute ending Inventory and cost of goods sold under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 4 decimal places and final answers to nearest whole dollar amount.) 6 4 04:33 FIFO LIFO aces Average Cost Ending inventory Cost of goods sold

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