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please answer all and show work. thank you 1. The value assigned to ending inventory if Planter's uses a periodic LIFO system is A. $6,525.00
please answer all and show work. thank you
1. The value assigned to ending inventory if Planter's uses a periodic LIFO system is A. $6,525.00 B. $6,235.00 C. $7,496.50 D. $6,701.90 2. The value assigned to ending inventory if Planter's uses a periodic average system is: A. $6,701.90 B. $6,525.00 C. $7,496.50 D. $6,235.00 3. The value assigned to cost of goods sold if Planter's uses a periodic FIFO system is A. $6,235.00 B. $33,855.50 C. $32,594.00 D. $33,388.60 4. The value assigned to cost of goods sold if Planter's uses a perpetual FIFO system is A. $6,235.00 B. $33,855.50 C. Not enough information to determine this. D. $33,388.60 Step by Step Solution
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