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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
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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Authors: Robert S. Witte, John S. Witte
11th Edition
1119254515, 978-1119254515
