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Saved The following data are available for Sellco for the fiscal year ended on January 31, 2020: Sales Beginning inventory Purchases, in chronological order

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Saved The following data are available for Sellco for the fiscal year ended on January 31, 2020: Sales Beginning inventory Purchases, in chronological order 830 units 260 units @$4 340 units @$5 410 units @$6 220 units @$7 Required: a. Calculate cost of goods sold and ending inventory under the cost flow assumptions, FIFO, LIFO and Weighted average (using a periodic inventory system): (Round unit cost to 2 decimal places.) FIFO LIFO Weighted average Cost of Goods Sold Ending Inventory b. Assume that net income using the weighted-average cost flow assumption is $13,700. Calculate net income under FIFO and LIFO. (Round unit cost to 2 decimal places.) Net Income FIFO LIFO Help

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