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value: 2.00 points Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the
value: 2.00 points Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records provided the following information for product 1 Cost $5 Units Unit nventory, December 31, prior year For the current year 1,840 Purchase, March 21 Purchase, August 1 6,180 4,020 2,960 nventory, Deoember 31, current year Required: ompute ending inventory and cost of goods sold under FIFLIFO and average cost invento cost methods. Round Average cost per unit to 4 de ma places and final answers to near nole dollar amount. FIFO LIFO Cost Ending inventory Cost of goods sold
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