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6.4 Inventory Costing: FIFO Bordeaux Company has the following information related...

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Accounting

6.4
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Inventory Costing: FIFO Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Assume that Bordeaux uses a perpetual inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the FIFO inventory costing method. Cost of goods sold Cost of ending inventory

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