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Splish Brothers Inc reports the followine for the month of June, Units Unit Cost Total Cost June 1 Inventory $ 1536 Purchase 4.608 Inventor Compute

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Splish Brothers Inc reports the followine for the month of June, Units Unit Cost Total Cost June 1 Inventory $ 1536 Purchase 4.608 Inventor Compute the cost of the ending inventory and the cost of goods sold under FIFO and LIFO LIFO Cost of the ending inventory Cost of goods sold Which costing method gives the higher ending inventory Which method results in the higher cost of goods sold

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