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Sarasota Corp. had a beginning inventory of 90 units of Product RST at a cost of $9 per unit. During the year, purchases were: Feb.
Sarasota Corp. had a beginning inventory of 90 units of Product RST at a cost of $9 per unit. During the year, purchases were:
Feb. 20 | 620 | units at | $10 | Aug. 12 | 429 | units at | $12 | |||||||
May 5 | 510 | units at | $11 | Dec. 8 | 96 | units at | $13 |
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Your answer is incorrect. Try again. Determine the ending inventory and the cost of goods sold under each of the assumed cost flow methods (FIFO, LIFO, and average-cost) (Round aswers to 0 decimal places, e.g. 150.) FIFO LIFO AVERAGE-CO The ending inventory The cost of goods sold SHOW LIST OF ACCOUNTS LINK TO TEXT VIDEO: SIMILAR
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