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Compute the cost of the ending inventory

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Reference no: EM132088559

Question - Lisa Company had 131 units in beginning inventory at a total cost of $15,065. The company purchased 262 units at a total cost of $38,776. At the end of the year, Lisa had 105 units in ending inventory.

Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost.

Reference no: EM132088559

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