Question: TB Problem 7-198 (Algo) Consider the following information for... Consider the folowing information for Maynor Company, which uses a perpetual inventory system: The company sold
TB Problem 7-198 (Algo) Consider the following information for... Consider the folowing information for Maynor Company, which uses a perpetual inventory system: The company sold 31 units on May 1 and 26 units on October 28 . Required: Calculate the combany's ending inventory and cost of goods sold using the each of following inventory costing methods Q. FIFO b. UFO c. Weighted Average Complete this question by entering your onswers in the tabs below. Calculate the company's ending irwentery and cost of goods sold using the FIFO inventory costing method
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