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1. Assume the following inventory data for a retailer. Notice that the firm makes an additional purchase after the sale. What are the values for
1. Assume the following inventory data for a retailer. Notice that the firm makes an additional purchase after the sale. What are the values for COGS and ending inventory using the LIFO Perpetual costing method? 12 Beginning inventory Purchase of inventory Sale of inventory Purchase of inventory Ending inventory in units Number of Units Price per Unit $16 $18 $30 $20 COGS Goods Available for Sale Ending Inventory LIFO Perpetual Rotho following information to ancuar tho nart two montinni
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Fundamental accounting principle
Authors: John J. Wild, Ken W. Shaw, Barbara Chiappetta
21st edition
978-0078025587
