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The weighted average cost method round per unit cost to two

There are 18 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the inventory cost using (a) the first-in, first-out (FIFO) method; (b) the last-in, first-out (LIFO) method; and (c) the weighted average cost method (round per unit cost to two decimal places and your final answer to the nearest whole dollar).

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Accounting Basics: The weighted average cost method round per unit cost to two

Reference No:- TGS02543322

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