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Martin Company had the following information for the year ending December 31: Martin uses the perpetual inventory system and the FIFO method. Required: Using FIFO
Martin Company had the following information for the year ending December 31: Martin uses the perpetual inventory system and the FIFO method. Required: Using FIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year. Cost of ending inventory $ Cost of goods sold $
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