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Shady Dog Music sells new music CDs of popular artists. The inventory, purchases and sales in chronological order are as follows: Required: Assuming the entity

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Shady Dog Music sells new music CDs of popular artists. The inventory, purchases and sales in chronological order are as follows: Required: Assuming the entity uses perpetual inventory system. Calculate the cost of inventories on hand and the cost of goods sold at 31 December 2022 under: a. FIFO b. Moving weighted average. Round all numbers to 2 decimal places

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