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The management of Patel Co . is reevaluating the appropriateness of using its present inventory cost flow method, which is average - cost . They

The management of Patel Co. is reevaluating the appropriateness of using its present inventory cost flow method, which is average-cost. They request your help in determining the results of operations for 2017 if either the FIFO method or the LIFO method had been used. For 2017, the accounting records show the following data.
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