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Johnson Company reports the following activity for the month of June. The firm also has the following sales for the month of June. a) Compute
Johnson Company reports the following activity for the month of June. The firm also has the following sales for the month of June. a) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO under Periodic System. b) Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO, (2) LIFO under Perpetual System
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