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What would be the cost of ending inventory

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Reference no: EM132691819

A company's inventory records indicate the following data for the month of September:

Sept 1beginning 250 units at $10 each

Sept 5 purchased 150 units at $11 each

Sept 10 sold 300 units

Sept 20 purchased 400 units at $14 each

Sept 25 sold 200 units

Problem 1: If the company uses the perpetual inventory system, what would be the cost of its ending inventory and the cost of goods sold for July based on FIFO, LIFO and Weighted Average methods?

Reference no: EM132691819

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