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Your answer is correct. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0

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Your answer is correct. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method. (Round answers to 0 decimal places, e.g. 1,250.) 1170 The ending inventory 9360 The cost of goods sold SHOW SOLUTIONSHOW ANSWER LINK TO TEXT Your answer is partially correct. Try again. Your answer is partially correct. Try again. Will the results in (a) be higher or lower than the results under FIFO and LIFO? lowerthan FIFO higher than LIFO $ and Ending inventoryiswr ower In contrast, cost of goods sold ishigher than FIFO $ than LIFO $ and Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT

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