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Sekhon Company had a beginning inventory on January 1 of 166 units of Product 4-18-15 at a cost of $21 per unit. During the year,

Sekhon Company had a beginning inventory on January 1 of 166 units of Product 4-18-15 at a cost of $21 per unit. During the year, the following purchases were made.

Mar. 15 416 units at $24 Sept. 4 343 units at $27
July 20 260 units at $25 Dec. 2 104 units at $28

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Return to Blackboard US Waywand, Accounting Principles 12 Seshon Company had a beginning inventory on January 1 of 166 units of Product 4-10-15 at a cost of 521 per unit. During the year, the following purchases were made Mar 15 416 unita at Sept. 4 343 units 527 July 20 260 at $25 Dec. 2 104 Us 528 st 1.040 units were sold. Sekhon Company uses a periodic inventory system Determine the cost of goods available for sale The cost of goods available for sale 5 Calculate average cost perunt. (Round answer to 3 decimal places, eg. 1.250.) Average cort per unit 24.936 1 Determine (1) the ending inventory, and (2) the cost of goods sold under each of the same cost how methodu (Fro, uro, and werage-cout). Hound www to decimal place FIFO LIFO AVERAGE-COST The ending inventory The cost of goods sold Which cost flow method win (1) the highest inventory amount for the balance sheet and the highest cost of goods sold for the come statement 13) rests in the highest inventory amount, (21 produces the highest coat of goods sold Cache wale to show Work for this questions or Show Question Attempt of wed 12 ch O UM

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