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I need the following filed out. I'm providing a link to the question. It is chapter 7 question 3. Thanks in advance! https://books.google.com/books?id=KLUEad9ezTQC&printsec=frontcover&hl=en#v=onepage&q&f=false Problem 7-3B

I need the following filed out. I'm providing a link to the question. It is chapter 7 question 3. Thanks in advance!

https://books.google.com/books?id=KLUEad9ezTQC&printsec=frontcover&hl=en#v=onepage&q&f=false

image text in transcribed Problem 7-3B Name: Section: Score: Key Code: 0% [Key code here] Instructions Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. An asterisk (*) will appear to the right of an incorrect entry. 1. First-In, First-Out Method (list most recent purchases first for each item) Model AK82 Quantity Unit Cost Total Cost CO62 DE03 FL12 ME09 NM57 TN33 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. Last-In, First-Out Method (list oldest purchases first for each item) Model AK82 CO62 DE03 FL12 ME09 NM57 TN33 Total 3. Average Cost Method Quantity Unit Cost Total Cost Model AK82 CO62 DE03 FL12 ME09 NM57 TN33 Total Quantity Unit Cost Total Cost 4. a. In periods of rising prices, the will result in lower cost of inventory, a greater amount of cost of merchandise sold, lower net income, and less taxes in the current year. b. In periods of falling prices, the net income and would be preferred for income tax purposes. will result in lower

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