(Answered) Question - complete the problem for inventory methodsgiven

Accounting

Question - Complete the problem for inventory methods:

Given: Inventory shipment #1 50 units @ $22.00

Inventory shipment #2 25 units @ $13.00

Inventory shipment #3 37 units @ $17.00

85 Units were sold during the year.

Determine the cost of goods sold using LIFO, FIFO, and Weighted Average.

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