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answer the question below answer the question below using LIFO METHOD Henri Company's inventory records show the following data: Units Unit Cost Inventory, January 1
answer the question below
answer the question below using LIFO METHOD
Henri Company's inventory records show the following data: Units Unit Cost Inventory, January 1 10,000 $9.20 Purchases: June 18 9,000 8.00 November 8 6,000 7.25 A physical inventory on December 31 shows 3,000 units on hand. Henri sells the units for $12 each. The company has an effective tax rate of 20%. Henri uses the periodic inventory method. Under the LIFO method, cost of goods sold is (LO 2) Seleccione una: O a. $29,000. O b. $179,300. c. $178,500. O d. $179,900. Quitar mi eleccin Step by Step Solution
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