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There are four identical units purchased during the month of August for the following dollar amounts. August 2 nd - $ 1 , 5 0
There are four identical units purchased during the month of August for the following dollar amounts.
August nd $
August th $
August th $
August th $
Answer the following questions:
What is the total COGS expensed on the income statement, if you sell one unit on August th under the LIFO method? $
What is the total COGS expenses on the income statement, if you sell one unit on August th under the FIFO method? $
What is the total COGS expenses on the income statement, if you sell one unit on August th under the Weighted Average method? $
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