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Determine cost of goods sold during the period under a


Question: The accounting records of Ohm Electronics show the following data.

1897_Purchases.png

Determine cost of goods sold during the period under a periodic inventory system using

(a) the FIFO method,

(b) the LIFO method, and

(c) the average-cost method. (Round unit cost to three decimal places.)

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Accounting Basics: Determine cost of goods sold during the period under a
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