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The followingis a record of Concord Company's transactions for Colt Products for the month of May 2025 . (a) Assuming that perpetual inventories arenot maintained

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The followingis a record of Concord Company's transactions for Colt Products for the month of May 2025 . (a) Assuming that perpetual inventories arenot maintained and that a physical count at the end of the month shows 881 units on hand, what is the cost of the ending imventory using (1) FIFO and (2) LIFO

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