Question #1 1 Calculate the cost of goods available for...

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Inventory Assessment Question #1 1.) Calculate the cost of goods available for sale.
2.) Apply the four different methods of inventory costing (FIFO, LIFO, weighted average, and specific identification) to calculate ending inventory and cost of goods sold under each method using the perpetual system.
b) LIFO perpetual system Cost of goods available for sale $20,500

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