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Brandenburg company has the following inventory data: 1-Jul Beginning Inventory 30 units at $6.00 5-Jul Purchases 120 units at $6.60 14-Jul Sale 80 units 21-Jul
Brandenburg company has the following inventory data: 1-Jul Beginning Inventory 30 units at $6.00 5-Jul Purchases 120 units at $6.60 14-Jul Sale 80 units 21-Jul Purchases 60 units at $7.20 30-Jul Sale 56 units Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July? Whitewater company has the following inventory data: 1-Jul Beginning Inventory 30 units at $6.00 5-Jul Purchases 120 units at $6.60 14-Jul Sale 80 units 21-Jul Purchases
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