Information about Vinzant Companys inventory of one item follows. Compute the cost of the ending inventory under

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Information about Vinzant Company€™s inventory of one item follows. Compute the cost of the ending inventory under

(1) The average cost method (round unit cost to the nearest cent),

(2) The FIFO method,

(3) The LIFO method.

Explanation Number of Units Unit Cost Beginning inventory, January 1 Purchases: April August October Ending inventory, D

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College Accounting Chapters 1-30

ISBN: 978-1259631115

15th edition

Authors: John Price, M. David Haddock, Michael Farina

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