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Jasper & Williams made purchases of a particular product in the current year as follows: Required: 1. Ending inventory consists of 162 units. Assuming a

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Jasper \& Williams made purchases of a particular product in the current year as follows: Required: 1. Ending inventory consists of 162 units. Assuming a periodic system, determine the costs to be assigned to cost of goods sold and ending inventory under: (Round your intermediate calculations and final answers to 2 decimal places.) 2. Which method provides the lower profit? FIFO Weighted-average cost

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