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Using the FIFO method, calculate the cost of ending inventory and cost of goods sold for Carrington Corporation. E: (Click the icon to view the
Using the FIFO method, calculate the cost of ending inventory and cost of goods sold for Carrington Corporation. E: (Click the icon to view the data.) Data Table The cost of ending inventory is $ 600 The cost of goods sold is $ Total Beginning inventory Quantity Unit Cost 120 $ 8.00 $ 180 S 10.00 $ 960 1,800 Purchases Goods available for sale 300 60 Ending inventory 240 Cost of goods sold
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