Compute the cost of the ending inventory

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Problem - Splish Brothers Inc. had 165 units in beginning inventory at a total cost of $19,800. The company purchased 330 units at a total cost of $59,400. At the end of the year, Splish Brothers had 80 units in ending inventory.

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

Reference no: EM132686482

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