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The following information is for the Bloom Company for the current year; the company sells just one product: Units Unit Cost Beginning inventory 2 0

The following information is for the Bloom Company for the current year; the company sells just one product: Units Unit Cost Beginning inventory 200 $65 Purchases: Feb. 11500 $91 May 18400 $104 October 23100 $130 At December 31 there was an ending inventory of 360 units. Assume the use of the periodic inventory method. Calculate the value of ending inventory and the cost of goods sold for the year using (a) first-in, first-out, (b) last-in, first-out, and (c) the weighted-average cost method.

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