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The following units of an item were available for sale during the year: The firm uses the perpetual inventory system. a . What is the
The following units of an item were available for sale during the year:
The firm uses the perpetual inventory system.
a What is the total cost of the ending inventory according to FIFO?
b What is the COGS for the sale on using FIFO?
c What is the total cost of the ending inventory according to LIFO?
d What is the COGS for the sale on using LIFO?
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