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Graczyk Company Uses a Periodic Inventory System

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Graczyk Company uses a periodic inventory system.During October,it sold 360 units of Product Z.Its beginning inventory and purchases during the month were as follows:
Graczyk Company uses a periodic inventory system.During October,it sold 360 units of Product Z.Its beginning inventory and purchases during the month were as follows: Compute the cost of goods sold under each of three methods: (a)average-cost, (b)LIFO,and (c)FIFO.(Show your work. ) Compute the cost of goods sold under each of three methods: (a)average-cost, (b)LIFO,and (c)FIFO.(Show your work. )

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a.Average-cost: (100 × $20)+ (100 × $24)...

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