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The market prices of the merchandises purchased by East Company rises. If East Company changed from weighted average perpetual to FIFO perpetual. What would be

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The market prices of the merchandises purchased by East Company rises. If East Company changed from weighted average perpetual to FIFO perpetual. What would be expected regarding the cost of goods sold (COGS) and ending inventory amount? O a. COGS decreased and ending inventory increased O b. COGS increased and ending inventory decreased O c. COGS increased and ending inventory increased O d. COGS decreased and ending inventory decreased

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