Question: Lopez Company reported the following current - year data for its only product. The company uses a periodic inventory system, and its ending inventory consists
Lopez Company reported the following currentyear data for its only product. The company uses a periodic inventory system, and its
ending inventory consists of units from each of the last three purchases.
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Req to
Determine the cost assigned to ending inventory and to cost of goods sold for the following.
Note: Do not round intermediate calculations and round your answers to decimal places.
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