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Seymour Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Seymour Company sold a total
Seymour Company's inventory records for the most recent year contain the following data: (Click the icon to view the data.) Seymour Company sold a total of 19,600 units during the year. Read the requirements. Requirement 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. (Round the average cost per unit to the nearest cent.) Average-cost method cost of goods sold = Average-cost method ending inventory = Data table Requirements 1. Using the average-cost method, compute the cost of goods sold and ending inventory for the year. 2. Using the FIFO method, compute the cost of goods sold and ending inventory for the year. 3. Using the LIFO method, compute the cost of goods sold and ending inventory for the year
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