( Appendix 6B) Inventory Costing Methods: Periodic Inventory Systems.
Refer to the information for Tyler Company in Brief Exercise 6-35 and assume that the company uses the periodic inventory system.
Required:
Calculate the cost of goods sold and the cost of ending inventory using the FIFO, LIFO, and average cost methods. ( Note: Use four decimal places for per-unit calculations and round all other numbers to the nearest whole dollar.)
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