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Calculate the cost of ending inventory and cost of goods sold using LIFO Date Explanation Units Unit Cost Total Cost June 1 Inventory 225 $5

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Calculate the cost of ending inventory and cost of goods sold using LIFO

Date Explanation Units Unit Cost Total Cost June 1 Inventory 225 $5 $1,125 12 Purchase 525 6 3,150 30 Inventory 180 A sale of 570 units occurred on June 15 for a selling price of $8

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