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Determine the ending inventory

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Question - ABC Distribution markets CD's of the performing artist. Beginning inventory of 2,000 at $7. They made the following purchases: oct.3- 2,500 @ $8. Oct 9 - 3,500 @ $9 Oct 19- 3,000 @ $10 and Oct 25- 4,000 @ $11. Determine the ending inventory and the cost of goods for FIFO, LIFO and Average Cost inventory cost flow methods?

Reference no: EM132942982

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