Essay
Given the following information for Maynor Company in 2014,calculate the company's ending inventory and cost of goods sold using the following inventory costing methods,assuming the company uses a perpetual inventory system:
a)Weighted Average
b)FIFO
c)LIFO
Correct Answer:

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Weighted Average: CGS: $1,600 + $1,408 =...View Answer
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Correct Answer:
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