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The following information is available for ABC Company for the month ending June 30th. ABC Company uses the perpetual inventory system. (Show supporting calculations.) Calculate
The following information is available for ABC Company for the month ending June 30th. ABC Company uses the perpetual inventory system. (Show supporting calculations.) Calculate cost of goods sold, ending inventory, and gross profit for June using the FIFO cost assumption. Calculate cost of goods sold, ending inventory, and gross profit for June using LIFO cost flow assumption. calculated cost of goods sold, ending inventory, and gross profit for June using the Moving Average cost flow assumption
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