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Terando Co. operations on July 1. It uses a perpetual inventory system Dunng July, the company had the following purchases and sales. Determine the ending

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Terando Co. operations on July 1. It uses a perpetual inventory system Dunng July, the company had the following purchases and sales. Determine the ending inventory under a peipetual inventory system using (1) FIFO, (2) moving-average cost, and (3) LIFO. Which costing method produces the highest ending inventory valuation

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