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The Perpetual Painting Co. uses a periodic inventory system for the purchase of paint which comes in 1 Gallon containers. The beginning inventory and purchases
The Perpetual Painting Co. uses a periodic inventory system for the purchase of paint which comes in 1 Gallon containers. The beginning inventory and purchases during the year were: Determine the cost of the year-end inventory and the cost of goods sold for this product under each o the following methods of inventory valuation: (show your work)
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