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[ The following information applies to the questions displayed below. ] The Shirt Shop had the following transactions for T - shirts for Year 1
The following information applies to the questions
displayed below.
The Shirt Shop had the following transactions for Tshirts for Year
its first year of operations.
During the year, The Shirt Shop sold Tshirts for $ each.Compute the amount of ending inventory The Shirt Shop would
report on the balance sheet, assuming the following cost flow
assumptions: FIFO, LIFO, and weighted
average.Round cost per unit to decimal places and
final answers to the nearest whole dollar amount.
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