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"The following information is available for Goode Company: May 1 Beginning inventory 18 units...

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Accounting

"The following information is available for Goode Company:

May 1 Beginning inventory 18 units @ $5 per unit

May 7 Purchase 12 units @ $5.5 per unit

May 10 Sale 14 units

May 17 Purchase 10 units @ $6.2 per unit

May 19 Sale 4 units

Required:

Answer the following questions for Goode Company:

a. If perpetual FIFO is used, what is the total ending inventory in dollars?

b. If perpetual LIFO is used, what is the cost of goods sold for the month?

c. If weighted average is used, what is the ending inventory?

d. If moving average is used, what is the cost per unit sold for the May 10 sale?

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