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Seminole Company began year 2013 with 27,000 units of product in its January 1 inventory costing $16.40 each. It made successive purchases of its product

Seminole Company began year 2013 with 27,000 units of product in its January 1 inventory costing $16.40 each. It made successive purchases of its product in year 2013 as follows. The company uses a periodic inventory system. On December 31, 2013, a physical count reveals that 49,000 units of its product remain in inventory.

Compute the amounts assigned to the 2013 ending inventory and the cost of goods sold. (Do not round your intermediate calculations.)

(a) FIFO periodic
(b) LIFO periodic
(c) Weighted average periodic

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