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Bombard Company has the following data available: Transaction Units Purchased Unit Cost Units Sold Beginning Inventory 500 $10 March 1 Purchase 200 $12 April 25
Bombard Company has the following data available:
| Transaction | Units Purchased | Unit Cost | Units Sold |
| Beginning Inventory | 500 | $10 | |
| March 1 Purchase | 200 | $12 | |
| April 25 Sale | 350 | ||
| June 10 Purchase | 300 | $14 | |
| July 20 Sale | 250 | ||
| October 30 Purchase | 350 | $15 | |
| December 15 Sale | 400 |
If Bombard Company uses a perpetual LIFO inventory system, the cost of goods sold for the year is ________.
The answer is $13350. I want to know how to calculate.
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