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QUESTION 15 5 points Save Answer The units of an item available for sale during the year were as follows: January 10 February 27 July

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QUESTION 15 5 points Save Answer The units of an item available for sale during the year were as follows: January 10 February 27 July 11 November 13 Inventory Purchase Purchase Purchase 27 units @ $90 54 units @ $98 63 units @ $106 36 units @ $115 There are 50 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the ending inventory cost by (a) the first-in, first- out method, (b) the last-in, first-out method, and (c) the average cost method. Show your work. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I y S Paragraph Arial 10pt :E I V A

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