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Please answer the above question and show work. A1 D Total 360 1,260 1 2 Beginning inventory 3 Purchases 4 Goods available for sale 5
Please answer the above question and show work.
A1 D Total 360 1,260 1 2 Beginning inventory 3 Purchases 4 Goods available for sale 5 Ending inventory 6 Cost of goods sold 7 Quantity Unit Cost 90 $ 4.00 $ 180 $ 7.00 $ 270 80 190 LO 2 LO 2 56-6. (Learning Objective 2: Apply the average-cost method) Using the average-cost method. calculate the cost of ending inventory and cost of goods sold for Sandy Corporation. 56-7. (Learning Objective 2: Apply the FIFO method) Using the FIFO method, calculate the cost of ending inventory and cost of goods sold for Sandy Corporation. S6-8. (Learning Objective 2: Apply the LIFO method) Using the LIFO method, calculate the cost of ending inventory and cost of goods sold for Sandy Corporation. LO 2Step by Step Solution
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