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The Briar Co. uses the periodic inventory system to account for inventory and had the following transactions during November, 2014: A physical count of units

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The Briar Co. uses the periodic inventory system to account for inventory and had the following transactions during November, 2014: A physical count of units on hand at November 30, 2014 resulted in a total of 6,500 units. Required: Calculate the value of the ending inventory at November 30, 2014 and cost of goods sold for the month of November using each of the following cost flow assumptions: A) First-In, First-Out B) Last-In, First-Out C) Weighted Average Assuming that Briar used the perpetual inventory system, what would the value of the ending inventory at November 30, 2014 be using: A) First-In, First-Out B) Last-In, First-Out

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