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Posted: June 15th, 2022
Need some Helpance if figuring out the calculations to the question belowCalculate the ending stock beneath every of the following strategies given the info below about purchases and gross sales throughout the yr. Assume a periodic stock system.April 1 Starting stock 20 items @ $30 11 Purchases 70 items @ $32 21 Purchases 50 items @ $35Gross sales for April: 115 unitsa. ________ FIFOb. ________ LIFOc. ________ Weighted-average
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