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There are 80 units of the item in the physical inventory at December 31. The...

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Accounting

There are 80 units of the item in the physical inventory at December 31. The periodic inventory system is used.
Determine the ending inventory cost and the cost of goods sold by three methods. In your calculations round average unit cost to the
nearest cent, and round all other calculations and your final answers to the nearest dollar.
Cost of Ending Inventory and Cost of Goods Sold
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