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More info Assume that Dunk Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: (Click the icon to view the
More info Assume that Dunk Coffee Shop completed the following periodic inventory transactions for a line of merchandise inventory: (Click the icon to view the transactions.) Read the requirements. FIFO inventory costing method, (2) LIFO inventory costing method, and (3) weighted-average inventory costing method. (Round weighted-average cost per unit to the nearest cent and all other amounts to the nearest dollar.) Begin by determining ending merchandise inventory and cost of goods sold under each of the three methods. Now compute the gross profit under each inventory costing method
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