Using the table below, calculate the following: 1. Cost of Goods Sold using FIFO 2....
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Accounting
Using the table below, calculate the following: 1. Cost of Goods Sold using FIFO 2. Ending Inventory using FIFO 3. Cost of Goods Sold using LIFO 4. Ending Inventory using LIFO 5. Cost of Goods Sold using Moving Average 6. Ending Inventory using Moving Average ROUND YOUR ANSWER TO 2 DECIMAL PLACES - DO NOT USE DOLLAR SIGNS $$ Date Description Units Purchased Purchase Price Units Sold Selling Price 5/1 Beg. Inv. 30 $3.00 5/3 Purchase 10 $4.00 5/4 Sale 15 $10.00 5/10 Purchase 30 $6.00 5/16 Sale 10 $10.00 5/19 Sale 15 $10.00 15/30 Purchase 20 $10.00
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