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Inventory information for Part 311 of Novak Corp. discloses the following information for the month of June: (a) Assuming that the periodic inventory method is

Inventory information for Part 311 of Novak Corp. discloses the following information for the month of June: (a) Assuming that the periodic inventory method is used, compute the cost of goods sold and ending inventory under (1) LIFO and (2) FIFO

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