Question: (a) Determine the ending inventory under a perpetual inventory system using: (1) FIFO, (2) moving-average cost, and (3) LIFO. (b) Which costing method produces the

(a) Determine the ending inventory under a perpetual inventory system using:

(a) Determine the ending inventory under a perpetual inventory system using: (1) FIFO, (2) moving-average cost, and (3) LIFO. (b) Which costing method produces the highest ending inventory valuation

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