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Business, 06.11.2019 01:31 smart1212

In its first month of operations, bethke company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $7, and (3) 200 units at $8. assuming there are 360 units on hand, compute the cost of the ending inventory under the (a) fifo method and (b) lifo method. bethke uses a periodic inventory system.

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