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upton upton
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A beginning inventory and purchases of computer parts follow:

Beginning inventory    10 @ $10
First purchase   14 @ $12
Second purchase    8 @ $16

Required: Determine the cost of an ending inventory of 6 computer parts remaining in the periodic inventory under each of the assumptions listed. Round to three decimal places.

a) ________ FIFO
b) ________ LIFO
c) ________ Weighted-average
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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6 years ago
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upton Author
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Brilliant
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Smart ... Thanks!
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this is exactly what I needed
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