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HW7 Navigation 1 2 3 4 5 6 Finish attempt... Question 6 Not complete Marked out of 10.00 F Flag zuestion Inventory Costing Methods The
HW7 Navigation 1 2 3 4 5 6 Finish attempt... Question 6 Not complete Marked out of 10.00 F Flag zuestion Inventory Costing Methods The following data are for the Miller Corporation, which sellsjust one product: Units Unit Cost 200 $6 500 400 $8 Beginning inventory January 1 Purchases: February 11 May 18 October 23 Sales March 1 July 1 100 $9 400 400 Calculate the value of ending inventory and cost of goods sold using the periodic method and (a) first-in, first-out, (b) last-in, first-out, and (c) weighted average cost method. Round your final answers to the nearest dollar. Cost of goods sold Ending inventory a. FIFO $ 0 $ 0 b. LIFO $ 0 $ 0 0 $ 0 c. Weighted average $ Check
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