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The Breeze trading company discloses the following information for the month of August 2013. Aug. 01 Purchases: 600 units @ $5 each Aug. 10 Sales:

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The Breeze trading company discloses the following information for the month of August 2013. Aug. 01 Purchases: 600 units @ $5 each Aug. 10 Sales: 400 units @ $12 each Aug. 11 Purchases: 1, 600 units @ $6 Aug. 15 Sales: 1000 units @ 12.50 Aug. 20 Purchases: 1000 units @ $6.50 Aug. 27 Sales: 600 units @ $13.50 Assume the Breeze trading company uses perpetual inventory system, compute cost of goods sold (COGS), ending inventory and Ending Inventory using: (a) FIFO (b). LIFO (C). Weighted Average (D.) Provide Journal Entries for one of those methods

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