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Business, 28.12.2019 03:31 justinrojo621

The company uses a periodic inventory system. for specific identification, ending inventory consists of 420 units, where 400 are from the january 30 purchase, 5 are from the january 20 purchase, and 15 are from beginning inventory. determine the cost assigned to ending inventory and to cost of goods sold using (a) specific identification, (b) weighted average, (c) fifo, and (d) lifo.

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