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30 Leading Edge Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June
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Leading Edge Frame Shop wants to know the effect of different inventory costing methods on its financial statements. Inventory and purchases data for June follow: Unit Cost Total Cost Units 2,400 18.00 $43,200 1,500 $ 18.30 (1,800) Jun1 Beginning inventory 4 Purchase 27,450 9 Sale If Leading Edge Frame Shop uses the LIFO method, cost of goods sold will be OA. $27,450 O B. $32,850. O c. $32,700 OD. $32,400Step by Step Solution
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