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Inventory Costing Methods: Periodic Inventory System (Appendices 6B) The inventory accounting
records for Lee Enterprises contained the following data: Requiredi Calculate the cost of ending
inventory and the cost of goods sold using the FiFO, Lifo, and average cost methods. (Wote: Uise
four decimal places for per-unit calculations and round ail other numbers to the nearest dollar.)

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Inventory Costing Methods Periodic Inventory System Append.pdf

  • 1. Inventory Costing Methods: Periodic Inventory System (Appendices 6B) The inventory accounting records for Lee Enterprises contained the following data: Requiredi Calculate the cost of ending inventory and the cost of goods sold using the FiFO, Lifo, and average cost methods. (Wote: Uise four decimal places for per-unit calculations and round ail other numbers to the nearest dollar.)