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Undew Inc.s inventory records showed the following data for an item it sells regularly.DateUnitsUnit CostJan. 1 Inventory ( beg . ) 2 , 8 0
Undew Inc.s inventory records showed the following data for an item it sells regularly.DateUnitsUnit CostJan. Inventory beg$Jan. Purchases$Jan. Sales at $ per unitJan. Purchases$Jan. Sales at $ per unitJan. Purchases$ a Assuming that Undew maintains a periodic inventory system, compute ending inventory and cost of goods sold for the month ending January using average cost, FIFO, and LIFO.b Assuming that Undew maintains a perpetual inventory system, compute ending inventory and cost of goods sold for the month ending January using moving average, FIFO, and LIFO
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