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The Mann Corporation began operations in Year 1. Information relating to the company's purchases of inventory and sales of products for Year 1 and Year

image text in transcribedimage text in transcribed The Mann Corporation began operations in Year 1. Information relating to the company's purchases of inventory and sales of products for Year 1 and Year 2 is presented below. Calculate the LIFO cost of goods sold and ending inventory for Year 1 and Year 2 assuming use of (a) the periodic method and (b) the perpetual method. a. LIFO Periodic. Round to nearest whole number. b. LIFO Perpetual. Round to nearest whole number

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