Storme Shutters has the following inventory information. During November, 168 units of product were sold....
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Storme Shutters has the following inventory information. During November, 168 units of product were sold. The cost of goods sold using the FIFO inventory costing method is Elly Company uses a periodic inventory system. Details for the inventory account for the month of January 2016 are as follows: An end of the month (1/31/16) inventory showed that 126 units were on hand. If the company uses LIFO, what is the value of the ending inventory? Pasquale has the following inventory information. A physical count of merchandise inventory on July 31 reveals that there are 21 units on hand. Using the average-cost method, the value of ending inventory is
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