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iewDictionary Calculator Assignments Gradeboolk Calendar Accounting Murphy Company had the following information for the year ending December 31: Units 260 280 460 490 230 100

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iewDictionary Calculator Assignments Gradeboolk Calendar Accounting Murphy Company had the following information for the year ending December 31: Units 260 280 460 490 230 100 Unit Cost $38 40 Purchase: April 6 Sale: Purchase:July 19 May 4 Sale: September 9 Purchase: October 10 Murphy uses the perpetual inventory system and the FIFQ method Required Using FIFO (a) Compute the cost of ending inventory (b) Compute the cost of goods sold for the year Cost of ending inventory Coat of goods sold s0 Clear Undo H Rasho-t 211-20

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