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Question 4 Sunland Company reports the following for the month of June. Unit Cost Units une Inventory 496 12 Purchase 992 23 Purchase 744 30
Question 4 Sunland Company reports the following for the month of June. Unit Cost Units une Inventory 496 12 Purchase 992 23 Purchase 744 30 Inventory 248 Total Cost $2,976 8,928 8,184 Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO FIFO LIFO Cost of the ending inventory Cost of goods sold LINK TO TEXT VIDEO: SIMILAR EXERCISE Which costing method gives the higher ending inventory? LINK TO TEXT VIDEO: SIMILAR EXERCISE Which method results in the higher cost of goods sold? Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE
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