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You work for a CPA firm that has been hired by Widget Tek Inc, a merchandising company that is getting to expand. The president of

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You work for a CPA firm that has been hired by Widget Tek Inc, a merchandising company that is getting to expand. The president of Widget. Tek financial statements accurately reflect the company's accounting records. As preparation for this assignments, you have been asked to review the effects of changing prices on three inventory costing methods: Identify the scenarios and inventory methods that result in the highest and lowest values for each item listed. Enter "Highest", "Lowest", or leave the

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