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Find: Ending inventory for: LIFO and FIFO The cost of goods sold: LIFO and FIFO Tamarisk, Inc. had a beginning inventory of 120 units of
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Ending inventory for: LIFO and FIFO
The cost of goods sold: LIFO and FIFO
Tamarisk, Inc. had a beginning inventory of 120 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb. 20 May 5 660 units at $8 596 units at $9 Aug. 12 Dec. 8 464 units at $10 120 units at $11 Tamarisk uses a periodic inventory system. Sales totaled 1,570 unitsStep by Step Solution
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