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Provide your response on space provided below OR solve it on excel spreadsheet and upload your worksheet, During June, the following changes in inventory item

image text in transcribed Provide your response on space provided below OR solve it on excel spreadsheet and upload your worksheet, During June, the following changes in inventory item 27 took place: Perpetual inventories are maintained. Instructions What is the cost of the ending inventory for item 27 under the following methods? (Show calculations, round to 2 decimal places.) a) FIFO (Marks 5) b) Average (Marks 5)

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