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How do I solve this? For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross
How do I solve this?
For each of the following cost flow assumptions, calculate (i) cost of goods sold, (ii) ending inventory, and (iii) gross profit.(Round answers to 0 decimal places, e.g. 125.)
(1)LIFO.
(2)FIFO.
(3)Moving-average.
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