Trooper Company has provided the following inventory data for the year: 
Compute the cost of goods sold and the ending inventory using the periodic inventory system for each of the following cost flow assumptions:
a. FIFO
b. LIFO
c. weighted average
Definitions:
Ethnocentrism
The belief in the inherent superiority of one's own ethnic group or culture over others, often leading to prejudice and discrimination.
Ethnocentrism
describes the act of judging another culture solely based on the values and standards of one's own culture.
Rights Revolution
A period or movement focused on significantly expanding civil, human, and legal rights through legal challenges, advocacy, and policy changes.
Cultural Sovereignty
The right of a group or nation to preserve its culture, traditions, and language, and to govern itself without external influence.
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