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Please explain it step by step: Calculate the ending inventoryon may 31st using FIFO LIFO and the average cost Carla Vista Inc. uses a periodic

Please explain it step by step: Calculate the ending inventoryon may 31st using FIFO LIFO and the average cost Carla Vista Inc. uses a periodic inventory system. Its records show the following for the month of May, in which 79 units were sold. 2 answers

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