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?? Kirtand Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31 , the accounting records for the most

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Kirtand Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31 , the accounting records for the most popular item in inventory showed the following: e. Compute the amount of goods available for sale. b. \& c. Compute the amount of ending inventory and cost of goods sold at December 31, under Average cost, Firstin, first-out, Last-in, first-out and Specific identification inventory costing methods. For Specific identification, assume that the first sale was selected twofiths from the beginning inventory and three-fifhs from the purchase of January 30 . Assume that the second sale was selected from the remainder of the beginning inventory, with the balance from the purchase of May 1 Complete this question by entering your answers in the tabs below. Compute the amount of goods available for sale. Kirtland Corporation uses a period c inventory system. At the end of the annuaf accounting period, December 31, the accounting iecoeds for the most popular hem in inventory showed the following: a. Compute the amount of goods avalable for sale b. \& c. Compute the omount of ending leventory and cost of goods sold ot December 31. under Average cost .instin, fitst-out, Last-in, first-out ond Specific identficaton inventory costing methods. For Specific identification, assume that the first sale wos selected twofifths from the beginning inventory and three-fiths from the purchase of January 30 . Assume that the second sale was selected from the remainder of the beginning inventory, with the balance from the purchase of Moy 1 Complete this question by entering your answers in the tabs below. Compute the amhat of ending inventory and cost of goods sold at December 31 under Average cont, First-in, first-evt, Last; in. fint out, Spechic identificabon of the inyentory costing mechods. for Ipecfic identification, assume that the frat sale was. selectad thre-fitha frum the beginning inventary and thret. fiets from the purthave of Janvary 30 . Asrume that the second wale was selectid from the remainder of the beyinhing inventory aith the balance from the purchave of May 1. Noter Do not round interniediate calculations. Found your ancivers to the nearest whole dollar amouat

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