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The following data are available for Sellco for the fiscal year ended on January 31, 2017: a. Calculate cost of goods sold and ending inventory
The following data are available for Sellco for the fiscal year ended on January 31, 2017:
a. Calculate cost of goods sold and ending inventory under the cost flow assumptions FIFO, LIFO and weighted average (using a periodic inventory system): (Round unit cost to 2 decimal places.) Chart needs to be filled!!!
Sales Beginning inventory Purchases, in chronological order Reguired: 3,200 units 1,000 units 8 1,200 units 10 1,600 units 12 800 units 16
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