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11. Mesa Company's inventory records show the following data for the month of September: A physical inventory on September 30 shows 250 units on hand.
11. | Mesa Company's inventory records show the following data for the month of September: |
A physical inventory on September 30 shows 250 units on hand. Calculate the value of ending inventory and cost of goods sold if the company uses LIFO inventory costing and a periodic inventory system.
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