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You Hamilton Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the accounting records

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You 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: Units Unit Cost $6 1,990 Inventory, December 31, prior year For the current year: Purchase, March 21 Purchase, August 1 Inventory, December 31, current year 5 3 6,180 4,110 2,940 Required: Compute ending Inventory and cost of goods sold under FIFO, LIFO, and average cost inventory costing methods. (Round "Average cost per unit" to 4 decimal places and final answers to nearest whole dollar amount.) LIFO Averago Cost FIFO Ending inventory s 8,820 Cost of goods $ 46,350 sold

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