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please include calculations and procedures. Peluche Company has the following information regarding its inventory for the second year of operations. Sales in units Units 35,000
please include calculations and procedures. Peluche Company has the following information regarding its inventory for the second year of operations. Sales in units Units 35,000 Unit Cost $3.25 45,000 100,100 3.45 3.60 145,000 Transactions Beginning Inventory, January 1 Purchases February 8 March 15 Units sold - April 22 at $10 Purchases June 19 Units sold - August 11 at $14 Purchases September 20 October 30 102,500 4.50 115,000 15,000 40,000 4.60 4.75 Units sold - December 21 at $17 45,500 Required: A. Compute the ending inventory and cost of goods sold under each of the following cost-flow assumptions assuming a perpetual inventory system. (Round your answers to two decimal places.) Cost-flow Ending Inventory Cost of Goods Sold assumption FIFO LIFO Moving Average B. Compute the ending inventory and cost of goods sold under each of the following cost-flow assumptions assuming a periodic inventory system. (Round your answers to two decimal places.) Cost-flow assumption FIFO Ending Inventory Cost of Goods Sold LIFO Weighted Average
please include calculations and procedures.
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