If Keisy sold107 units of inventory, calculate (show work) ending inventory and cost of goods sold using
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If Keisy sold107 units of inventory, calculate (show work) ending inventory and cost of goods sold using the LIFO method?
Beg. inventory | 10 units at $50 | |
1st purchase | 20 units at $60 | |
2nd purchase | 52 units at $65 | |
3rd purchase | 25 units at $63 | |
4th purchase | 37 units at $64 |
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