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The inventory records of Kuffel Co. reflected the following information for the year ended December 31. 2013: Required: Assume that Kuffel Co use a periodic

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The inventory records of Kuffel Co. reflected the following information for the year ended December 31. 2013: Required: Assume that Kuffel Co use a periodic inventory system Calculate cost of goods sold and ending inventory under FIFO and LIFO. Assume that Kuffel Co uses a perpetual inventory system Calculate cost of goods sold and ending inventory under FIFO and LIFO

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