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Sackville Company's inventory records for the most recent year contain the following data: (Click the icon to view the data) Sackville Company sold a
Sackville Company's inventory records for the most recent year contain the following data: (Click the icon to view the data) Sackville Company sold a total of 20,500 units during the year. Read the requirements Data table X Quantity Unit Cost Requirement 1. Using the average-cost method, compute the cost of Beginning inventory Average-cost method cost of goods sold 469,040 Purchases during year 7,000 $ 18,000 $ 20.00 unit to the nearest 24.00 Average-cost method ending inventory 102,960 Requirement 2. Using the FIFO method, compute the cost of goods s Print Done FIFO method cost of goods sold $464,000 $ 108,000 FIFO method ending inventory Requirement 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year. LIFO method cost of goods sold LIFO method ending invetory
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