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Requirement 1 . Compute cost of goods sold and ending inventory, using each of the following four inventory methods: Begin by entering the number of
Requirement Compute cost of goods sold and ending inventory, using each of the following four inventory methods:
Begin by entering the number of units sold and number of units in ending inventory. Then calculate cost of goods sold and ending inventory using then c FIFO, and finally d LIFO. Round the average cost per unit to the nearest cent. Round all final answers to the nearest whole dollar.
tabletableNumberof unitsCost of goods soldaEnding inventory,
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