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Please review the question below, and provide the answers. nventory by Three Methods; Cost of Goods Sold he units of an item available for sale
Please review the question below, and provide the answers.
nventory by Three Methods; Cost of Goods Sold he units of an item available for sale during the year were as follows: Jan. 1 May 15 Aug. 7 Nov. 20 Inventory Purchase Purchase Purchase 24 units at $1,800 27 units at $1,950 12 units at $2,040 17 units at $2,100 here are 19 units of the item in the physical inventory at December 31. Determine the cost of ending inventory and the cost of goods sold by three methods, presenting your answers n the following form: Round your final answers to the nearest dollar. Inventory Method a. b. c. First-in, first-out method Last-in, first-out method Weighted average cost method Cost Ending Inventory Cost of Goods Sold Activate Windows Go to Settings to activate Win
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