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Question: The following data pertain to the inventory of ABC Company for 2016: A. Compute the inventory at…
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Show transcribed image text The following data pertain to the inventory of ABC Company for 2016: A. Compute the inventory at December 31, 2016 under each of the following 2. FIO 3. LIFO 4. Weighted-average. B. Compute the cost of goods sold for 2016, under each of the following assumption 1. FIFO 2. LIFO 3. Weighted-average.

The following data pertain to the inventory of ABC Company for 2016: A. Compute the inventory at December 31, 2016 under each of the following 2. FIO 3. LIFO 4. Weighted-average. B. Compute the cost of goods sold for 2016, under each of the following assumption 1. FIFO 2. LIFO 3. Weighted-average.

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