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requirement 1 2 3 thx Assume Armstrong Co., Inc., bought and sold a...

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requirement 1 2 3 thx

Assume Armstrong Co., Inc., bought and sold a line of mountain bikes during July. Armstrong Co., Inc., uses the perpetual inventory system. View the inventory data. Read the requirements. Inventory data Requirements 1. Compute the cost of goods sold under FIFO. 2. Compute the cost of goods sold under moving average cost. 3. Which method results in the higher cost of goods sold

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