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Determine the cost of the ending inventory (assuming there have been no stock losses) and the cost o

Determine the cost of the ending inventory (assuming there have been no stock losses) and the cost of sales, using the following three methods. 1. the moving average; round unit cost to the nearest cent. 2. specific identification; assume that the ending inventory on 31 May consisted of 13 units from the beginning inventory, 24 units from the 3 May purchase, and the remainder from the 10 May purchase. 3. FIFO. 1. Moving average method

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