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QUESTION 7 For the Carstow question series, I highly recommend using the Flow Template I provided or making a full schedule of your own as
QUESTION 7 "For the Carstow question series, I highly recommend using the Flow Template I provided or making a full schedule of your own as there are many moving parts to these questions, Carstow uses the periodic inventory method. Carstow had the following inventory transactions. Beginning Inventory: Purchase #1 Purchase # 2: Purchase #3: Ending Inventory: 250 units at $8 each 800 units at $10 each 60 units at $13 each 110 units at $14 each 380 units #1 Compute Cost of Goods Available for Sale: Type just the number for your answer with no dollar signs or commas. Remember COGAS will be the same regardless of the accounting method selected
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