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TB Problem 7-198 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold
TB Problem 7-198 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold 51 units on May 1 and 46 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventory and cost of goods sold using the FIFO inventory costing method. TB Problem 7-198 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold 51 units on May 1 and 46 units on October 28 . Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventory and cost of goods sold using the LIFO inventory costing method. TB Problem 7-198 (Algo) Consider the following information for... Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold 51 units on May 1 and 46 units on October 28. Required: Caiculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average Complete this question by entering your answers in the tabs below. Calculate the company's ending inventory and cost of goods sold using the Weighted Average inventory costing method. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.)
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