3. The following data is provided for XYZ Company: Beginning Inventory Purchase Purchase Purchase 200...
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Accounting
3. The following data is provided for XYZ Company: Beginning Inventory Purchase Purchase Purchase 200 units @ 10 350 units 15 450 units 20 700 units @ 25 $ 2,000 5,250 9,000 17,500 Ending units in inventory are 1,250. What is the cost of goods sold under (1) FIFO and (2) LIFO
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