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Inventory data are presented below. Please calculate the ending inventory and the cost of goods sold (at March 31) using the methods listed below. Round
Inventory data are presented below. Please calculate the ending inventory and the cost of goods sold (at March 31) using the methods listed below. Round answers to the nearest dollar. 3/1 - Beginning inventory 15 units at $9 3/10 - Purchase 11 units at $10 3/15 - Sale 13 units 3/20 - Purchase 11 units at $11 3/25 - Sale 10 units Inventory Cost of Goods Sold a) Periodic FIFO $ b) Periodic LIFO $ $ c) Periodic Weighted Average $ $ d) Perpetual FIFO $ $ e) Perpetual LIFO $ f) Perpetual Moving Average $ $ B 1 SS U ob X2 x2 = Inl 1 Inventory Cost of Goods Sold a) Periodic FIFO $ $ b) Periodic LIFO $ $ c) Periodic Weighted Average $ $ d) Perpetual FIFO $ $ e) Perpetual LIFO $ $ f) Perpetual Moving Average $ $
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