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i need answer on page Exercise The company is using perpetual inventory system and the following data are available for Trekking Company for the month
i need answer on page
Exercise The company is using perpetual inventory system and the following data are available for Trekking Company for the month of August: Date Activity purchases Purchases Sales 10 units @ $91 15 units @ 5106 20 units August 1 Aug. 3 Aug. 14 Aug. 17 Aug. 28 Aug. 31 Purchases Purchases Sales 20 units @ $115 10 units @ $119 23 units Required Calculate cost of goods sold and cost of ending inventory under: 1. FIFO method 2. LIFO method 3. Weighted averageStep by Step Solution
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