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(Solved): Please help :) question listed below! Calculate the cost of goods sold for May and the ending invent ...



Please help :) question listed below!

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Calculate the cost of goods sold for May and the ending inventory at May 31 using the FIFO formula. Ending Inventory Calculate the cost of goods sold for May and the ending inventory at May 31 using the average cost formula. (For average, use 3 decimal places, e.g. 15.235 in your calculations and round final answers to 2 decimal places, e.g 5.25.) Cost of goods sold Ending Inventory


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b] It is not stated whether the firm is using the perpetual inventory method or the periodic invento...
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