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9 Exercise 6 - 1 4 A ( Static ) Periodic: Cost flow assumptions LO P 3 Lopez Company reported the following current - year

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9
Exercise 6-14A (Static) Periodic: Cost flow assumptions LO P3
Lopez Company reported the following current-year data for its only product. The company uses a periodic inventory system, and its ending inventory consists of 150 units -50 from each of the last three purchases.
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