Compute the cost of the ending inventory and cost of goods

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Information about the Maxwell Company's inventory of one item during 2013 is given below. Units Unit cost Beg Inv 80 $24 Pur: Mar 45 24 Jul 75 22 Nov 100 21 End Inv 55 Compute the cost of the ending inventory and cost of goods sold under each of the following methods. 1. Average cost method 2. First in, first out (FIFO) method 3. Last in, first out (LIFO) method

Reference no: EM131202908

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