Question: PLEASE I WANT THE SECTION B ONLY. WITH A 600 WORDS!! Required: Compute inventory on July 31, 2020 and cost of goods sold for the

PLEASE I WANT THE SECTION B ONLY. WITH A 600 WORDS!!

PLEASE I WANT THE SECTION B ONLY.

WITH A 600 WORDS!!

Required: Compute inventory on July 31, 2020 and cost of goods sold for the month of Julyusing following inventory costing methods: First in, first out (FIFO) method Last in, first out (LIFO) method B) What is the impact of valuing the Inventory under each of the methods for the above organization? (600 words)

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