Question: Put It into Practice Compute Inventory Using Cost Flow Assumptions FACTS Harper Company uses a periodic inventory system. The following information is available for June,

Put It into Practice Compute Inventory Using Cost Flow Assumptions FACTS Harper Company uses a periodic inventory system. The following information is available for June, when the company sold 1,200 units. INSTRUCTIONS Compute the cost of goods sold for the month of June and the June 30 ending inventory using each of the following methods. a. Average-cost. b. FIFO. c. LIFO

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