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M&M Inventory DATE Color # Units Cost of Unit Total Cost 1 st Red 2 $10 20 3 rd Orange 3 $12 36 5 th

M&M Inventory

DATE Color # Units Cost of Unit Total Cost
1st Red 2 $10 20
3rd Orange 3 $12 36
5th Yellow 2 $14 28
6th SALE #1 Sold 3 Units
8th Green 4 $16 64
10th Blue 3 $18 54
11th SALE #2 Sold 4 Units
12th Brown 3 $20 60
15th SALE #3 Sold 5 Units

Calculate CoGS for each sale and Ending Inventory under FIFO, LIFO, and Wtd. Avg. Methods

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