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CuCo, which begins business in 20X8, uses the periodic method and LIFO costing. CuCo's 20X8 merchandise purchases are as follows: 27. January 3 April 16
CuCo, which begins business in 20X8, uses the periodic method and LIFO costing. CuCo's 20X8 merchandise purchases are as follows: 27. January 3 April 16 September 25 December 4 2,200 $5 1,800 @ $8 3,000@ $6 1,100 @ $9 If CuCo's December 31, 20X8 ending inventory is 300 units, its 20X8 cost of goods sold is d. $52,100 c. $49,900 b. $50,600 a. $51,800 li mothod In March
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