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(Solved): Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, us ...
Calculate cost of the ending inventory and the cost of goods sold for each cost flow assumption, using a perpetual irventory 5ystem. Assume a sale of 420 units occurred on June 15 for a selling price of \( \$ 8 \) and a sale of 50 units on June 27 for \( \$ 9 \). (Round) Intermediate colculations and final answers to 0 decimal places, eg. 125.)
Shamrock, Inc. uses a perpetual inventory system reports the following for the month of June.