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? Nittany Compary uses a periodic inventory system. At the end of the annual accounting period. December 31 of the current year, the accounting records
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Nittany Compary uses a periodic inventory system. At the end of the annual accounting period. December 31 of the current year, the accounting records provided the following information for product 1 . Compute ending inventory and cost of goods sold for the current year under FFFO. UFO, and average cost inventory costing methods Note: Pound "Average cost per unit" to 2 decimal places and flnal answers to neareat whole dollar amount Step by Step Solution
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