(Solution) - Arthur Lloyd Associates provided the following information regarding its inventory -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Arthur Lloyd Associates provided the following information regarding its inventory for the current year, its second year of operations.

Required
Compute Arthur Lloyd?s ending inventory and cost of goods sold under each of the following cost- flow methods assuming the company uses a perpetual inventory system (round your answer for cost per unit to two decimal places):
a. Moving Average
b. FIFO
c. LIFO