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CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 46 N Inventory Costing Methods and the Periodic Method ot complete Points out of 2.00P Flag question Lambeth
CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 46 N Inventory Costing Methods and the Periodic Method ot complete Points out of 2.00P Flag question Lambeth Company experienced the following events in January: Date Event Units rsit Cost Tosal Cast $19 $1,900 $21 $4,200 Jan. 10 Purchased inventory 100@ Jan. 20 Purchased inventory 200 Jan. 30 Sold inventory 150 If the Lambeth Company uses the FIFO inventory costing method, calculate the company's cost of goods sold and its ending inventory as of January 31 assuming the periodic method. Cost of goods sold $ Ending inventory Check
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