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isa Company had182units in beginning inventory at a total cost of $20,930. The company purchased364units at a total cost of $49,504. At the end of
isa Company had182units in beginning inventory at a total cost of $20,930. The company purchased364units at a total cost of $49,504. At the end of the year, Lisa had146units in ending inventory.
(a)
Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost.(Round average-cost per unit and final answers to 0 decimal places, e.g. 1,250.)
FIFO | LIFO | Average-cost | |
The cost of the ending inventory | $ | $ | $ |
The cost of goods sold | $ | $ | $ |
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