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July 1 Beginning inventory 30 units @ $9 per unit 10 Purchased 50 units @ $10 per unit 15 Sold 60 units 26 Purchased 25

July 1 Beginning inventory 30 units @ $9 per unit 10 Purchased 50 units @ $10 per unit 15 Sold 60 units 26 Purchased 25 units @ $11 per unit Calculate the cost of goods sold for July and ending inventory at July 31 using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost methods. Round your final answers to the nearest dollar.

A. First-in, First-out:

Ending Inventory

Cost of Goods Sold:

B. Last-in, first-out:

Ending Inventory

Cost of Goods Sold:

C.Weighted-average cost:

Ending Inventory

Cost of Goods Sold

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