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which option is correct Intercontinental Inc., uses a periodic inventory system. At the end of Year 2, the accounting records provided the following information relating
which option is correct Intercontinental Inc., uses a periodic inventory system. At the end of Year 2, the accounting records provided the following information relating to one of its products. Units 1,830 Unit Cost $6 Inventory, December 31, Year 1 For Year 2: Purchase, March 21, Year 2 Purchase, August 1, Year 2 Inventory, December 31, Year 2 6,200 4,070 2,910 amount of ending inventory and cost of goods sold under the FIFO inventory costing method? (Do not round intermediate calculations. Round your final answers to the nearest dollar amount.) Multiple Choice Ending Inventory = $2,910; Cost of goods sold = $9,190 Ending inventory = $8,730; Cost of goods sold - $45,460 Ending inventory - $13,032; Cost of goods sold - $41,158 Ending inventory = $16,830, Cost of goods sold = $37,810
which option is correct
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