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Wildhorse Corp. began operations on January 1 , 2 0 2 2 , and uses FIFO to cost its inventory. Management is contemplating a change
Wildhorse Corp. began operations on January and uses FIFO to cost its inventory. Management is contemplating a change to the average cost method and is interested in determining what effect such a change will have on pretax income. Accordingly, the following information has been developed:
tableEnding Inventory,FIFO$$
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