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Taxiu Company purchased two identical inventory items.The item purchased first cost $4150 The item purchased second cost $46 50. Then Toxlu sold one of the

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Taxiu Company purchased two identical inventory items.The item purchased first cost $4150 The item purchased second cost $46 50. Then Toxlu sold one of the inventory items for $65 Based on this information, which of the following statements is true? Multiple Choice The ending Inventory 546 50 f Hoover uses the IFD con law method The gross marginis $2100 if Taklu uses the weighted average cost flow method The cost of goods sold is 54150 mxlu SSIDE LIFO Cost tow method The cost of goods 546 50 i Terlar uses the FIFO cost forme

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