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just need answer no explanation needed COST OF GOOD SOLD: FIFO: 510 LIFO: ____ Weighted average: ____ ENDING INVENTORY: FIFO: ___ LIFO: ____ Weighted average:

image text in transcribedjust need answer no explanation needed
COST OF GOOD SOLD:
FIFO: 510
LIFO: ____
Weighted average: ____
ENDING INVENTORY:
FIFO: ___
LIFO: ____
Weighted average: ___
Question 10 Partially correct Mark 1.00 out of 6.00 Pag question Inventory Costing Methods The Lippert Company uses the periodic inventory system. The following July data are for an item in Lippert's inventory July 1 Beginning inventory 30 units 58 per unit 10 Purchased 50 units 59 per unit. 15 Sold 60 units 26 Purchased 25 units a $10 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. Cost of goods sold Ending inventory a FIFO $ 510 S 60 b. LIFO $ 530 31 60 X c. Weighted averages 518 % 60 X Check

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