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Brief Exercise 8-06 Sunland Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. April 1
Brief Exercise 8-06 Sunland Company uses a periodic inventory system. For April, when the company sold 550 units, the following information is available. April 1 inventory April 15 purchase April 23 purchase Units 340 390 270 Unit Cost $23 28 30 Total Cost $ 7,820 10,920 8,100 $26,840 1,000 Compute the April 30 inventory and the April cost of goods sold using the LIFO method. $ Ending inventory Cost of goods sold
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