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Consider the following information for Maynor Company, which uses a perpetual inventory system: The company...

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Accounting

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Consider the following information for Maynor Company, which uses a perpetual inventory system: The company sold 31 units on May 1 and 26 units on October 28. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing methods. a. FIFO b. LIFO c. Weighted Average

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