Brake company utilizes the perpetual inventory method

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Brake Company utilizes the perpetual inventory method. Inventory information for Part # AB124 revealed the following for the month of May:

Required: Determine the value of ending inventory and gross profit under each of the following methods:

(a) LIFO

(b) FIFO

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Brake company utilizes the perpetual inventory method : brake company utilizes the perpetual inventory method. inventory information for part ab124 revealed the following for

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