Fundamentals of Financial Accounting 4th Edition by Fred Phillips,Robert Libby,Patricia Libby

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(Supplement 7A) Calculating Cost of Goods Sold and Ending Inventory under FIFO and LIFO (Perpetual Inventory)
Refer to M7-7. Calculate the cost of ending inventory and cost of goods sold assuming a perpetual inventory system is used in combination with ( a ) FIFO and ( b ) LIFO.