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Periodic inventory by three methods; cost of goods sold The units of an item available for sale during the year were as follows: There are
Periodic inventory by three methods; cost of goods sold
The units of an item available for sale during the year were as follows:
There are units of the item in the physical inventory at December The periodic inventory
system is used.
Determine the ending inventory cost and the cost of goods sold by three methods. In your
calculations round average unit cost to the nearest cent, and round all other
calculations and your final answers to the nearest dollar.
Cost of Ending Inventory and Cost of Goods Sold
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