The units of an item available for sale during the year were as follows: The units of
Question:
The units of an item available for sale during the year were as follows: The units of an item available for sale during the year were as follows:
There are 90 units of the item in the physical inventory at December 31. Determine the cost of ending inventory using
(a) The first-in, first-out method,
(b) The last-in, first-out method,
(c) The weighted average cost method.
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