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The college campus bookstore uses a periodic inventory system. The bookstore purchases 435 copies of a textbook at $78 each in June, 990 copies in August at $80 each, and 630 copies in December at $83 each. The bookstore sold 1,870 copies of the textbook during the year. Required: Calculate the company's ending inventory and cost of goods sold using the each of following inventory costing method

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91959371

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