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*********************************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES SO I CAN TRANSFER ANSWERS EASY********************************************************************************************************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES SO I
*********************************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES SO I CAN TRANSFER ANSWERS EASY********************************************************************************************************PLEASE USE THE SAME FORMAT AND NUMBER OF BOXES SO I CAN TRANSFER ANSWERS EASY***********************************************************************
Tipp Topp Company reports the following for the month of June.
Exercise 188 a-b Tipp Topp Company reports the following for the month of June Unit Cost $5 Units Total Cost June 1 Inventory 300 12 Purchase 450 23 Purchase 750 30 Inventory 160 $1,500 2,700 5,700 7.60 Compute the cost of the ending inventory and the cost of goods sold under (1) FIFO and (2) LIFO FIFO LIFO Ending inventory Cost of goods sold LINK TO TEXT Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round per unit cost calculations to 2 decimal places, e.g. 5.25 and final answers to 0 decimal places, e.g. 125.) Ending inventory Cost of goods sold Click if you would like to Show Work for this question: Open Sh or
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