Question
A company purchased 300 units @ $20 per unit on January 4th and 350 units @ $28 per unit on January 6th 2010. Company sold
A company purchased 300 units @ $20 per unit on January 4th and 350 units @ $28 per unit on January 6th 2010. Company sold 450 units on January 15th, 2010. On January 15th, 2010, the cost of goods sold using LIFO method will be: 1. 15,400 2. 11,800 3. 18,200 4. 16,500
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Principles Of Cost Accounting
Authors: Edward J. Vanderbeck
12th Edition
0324100949, 978-0324100945
