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UMETs Stores had the following inventory transactions in 2022: Compute the cost of goods sold and the ending inventory using the periodic inventory system for
UMETs Stores had the following inventory transactions in 2022: 
Compute the cost of goods sold and the ending inventory using the periodic inventory system for each of the following cost flow assumptions:
a. FIFO
b. LIFO
c. Weighted average
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Practical Audit Quality Improvement Ensuring Effective Performance Of Internal Audit Functions
Authors: Joyce Gacheru
1st Edition
6138950577, 978-6138950578
