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Oriole Marine Products began the year with 1 0 units of marine floats at a cost of $ 1 4 . 6 0 each. During
Oriole Marine Products began the year with units of marine floats at a cost of $ each. During the year, it made the following purchases: May units at $; July units at $; and December units at $ Assuming there are units on hand at the end of the period, determine the cost of goods sold under a FIFO, b LIFO, and c averagecost Oriole uses the periodic approach.
Cost of Goods Sold
FIFO
$
LIFO
$
Averagecost $
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