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View Poi Current Attempt in Progress In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence (1) 215
View Poi Current Attempt in Progress In its first month of operations, Concord Corporation made three purchases of merchandise in the following sequence (1) 215 units at $5,12) 430 units at $6, and (3) 415 units at $7. Assuming there are 130 units on hand, compute the cost of the ending inventory under the la FIFO method and (b) LIFO method Concord uses a periodic inventory system FIFO (a) Cost of the ending inventory $ LIFO (b) Cost of the ending inventory $ e Textbook and Media Assistance Used So Attempts unlimited Submit Answer View Policies Current Attempt in Progress In its first month of operations. Concord Corporation made three purchases of merchandise in the following sequence: (11) 195 units at $9.(2) 410 units at $10, and (3) 145 units at $11. (1) Calculate the weighted average unit cost. (Round answer to 3 decimal places, eg. 15.225) Weighted average unit cost $ e Textbook and Media Attempts: unlimited Submit Answer Sorter (a2)
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