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K The periodic inventory records of Synthetix Prosthetics indicate the following for the month of December: (Click the icon to view the inventory records.) At
K The periodic inventory records of Synthetix Prosthetics indicate the following for the month of December: (Click the icon to view the inventory records.) At December 31, Synthetix counts seven units of inventory on hand. a. Compute ending inventory and cost of goods sold using the FIFO inventory costing method. b. Compute ending inventory and cost of goods sold using the weighted-average-cost method. Ending Inventory Cost of Goods Sold a. FIFO Cost b. Weighted Average
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