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What is Runway's cost of goods sold and ending inventory for the current year using the FIFO method under a perpetual system? (When entering the
What is Runway's cost of goods sold and ending inventory for the current year using the FIFO method under a perpetual system? (When entering the layers for the units sold. enter the first layer sold under FIFO on the first available line, then the next layer sold under FIFO on the next line, and so on. CGS = Cost of Goods Sold.) Under the FIFO method. Runway's total cost of ending inventory is $ and the cost of goods sold for the year is $ Enter any number in the edit fields and then continue to the next
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