Question: * 3 methods below responsible for calculation ( EI and COGS ) : FIFO, LIFO, WAC Required Information [ The following information applies to the
methods below responsible for calculation EI and COGS: FIFO, LIFO, WAC
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Jimmie's Fishing Hole has the following transactions related to its topselling Shimano fishing reel for the month of June. Jimmie's Fishing Hole uses a periodic inventory system.
Using FIFO, calculate ending inventory and cost of goods sold at June
Using LIFO, calculate ending inventory and cost of goods sold at June
Using weightedaverage cost, calculate ending inventory and cost of goods sold at June Round your Intermedlate and final answers to decimal places.
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