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Sekhon Company had a beginning inventory on January 1 of 160 units of Product 4-18-15 at a cost of $20 per unit. During the year,

Sekhon Company had a beginning inventory on January 1 of 160 units of Product 4-18-15 at a cost of $20 per unit. During the year, purchases were as follows. Mar. 15 July 20 (a) (b1) (c) (b2) 400 units at 250 units at $23 $28 Sept. 4 Dec. 2 330 units Sekhon Company uses a periodic inventory system. Sales totaled 1,000 units. 100 units at $33 $30 results in the highest inventory amount, $ at Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement? produces the highest cost of goods sold, $ ||
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Sekhon Company had a beginning inventory on January 1 of 160 units of Product 41815 at a cost of $20 per unit. During the year. purchases were as follows. Sekhon Company uses a periodic inventory system. Sales totaled 1,000 units. (a) (b1) (b2) (c) Which cost flow method results in the highest inventory amount for the balance sheet? The highest cost of goods sold for the income statement? results in the highest inventory amount, s produces the highest cost of goods sold s

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