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Calculate the cost of goods sold dollar value for A66 Company for the month, considering the following transactions under three different cost allocation methods and
Calculate the cost of goods sold dollar value for A66 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for last-in, first-out (LIFO). Number of Units Unit Cost Sales Beginning inventory Purchased 800 $70 610 72 $100 110 Sold Sold 350 Ending inventory Beginning Purchase Sale Sale Cost of Goods Purchased LIFO (perpetual) Inventory Cost of Goods Sold Number Unit Cost Total Cost Number of units Unit Cost Cost of Inventory Number Total Cost of units Unit Co Total Purchase Total COGS
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