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Monroe Manufacturing, Inc. reported the following information related to inventory, which sells for $ 2 0 per unit: Beginning inventory: 3 , 0 0 0
Monroe Manufacturing, Inc. reported the following information related to inventory, which sells for $ per unit:
Beginning inventory: units at $ unit cost
Purchase : units at $ unit cost
Purchase : units at $ unit cost
At the end of the period, the company has units in ending inventory. Compute the cost of goods sold and ending inventory using the following methods: Weighted Average, FIFO, and LIFO methods.
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