Question: Calculate ending inventory and COGS using (a) FIFO, (b) LIFO & (c) weighted average. Units Unit Cost Total Cost 1-Jan Beginning Inventory Purchases Operating Expenses
Calculate ending inventory and COGS using (a) FIFO, (b) LIFO \& (c) weighted average. Units Unit Cost Total Cost 1-Jan Beginning Inventory Purchases Operating Expenses 1,0004,00091,500353835,000152,000 Ending Inventory Sales price per unit 900 units 75 Tax Rate 30%
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