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Sanders Company had the following information for the year ending December 31: Units 400 260 490 550 450 240 Unit Cost $ 45 43 Sale:
Sanders Company had the following information for the year ending December 31: Units 400 260 490 550 450 240 Unit Cost $ 45 43 Sale: Purchase: Sale: April 6 May 4 July 19 September 9 October 10 42 36 Sanders uses the perpetual inventory system and the FIFO method. Required: Using FIFO (a) Compute the cost of ending inventory. (b) Compute the cost of goods sold for the year Cost of ending inventory sD Cost of goods sold Clear Undo Help
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