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I just need help with the ending inventory problem Copeland Company's inventory records for the month of March reveal the following: Mar. 4 Purchase 250
I just need help with the ending inventory problem
Copeland Company's inventory records for the month of March reveal the following: Mar. 4 Purchase 250 units @ $18.50 Mar. 7 Sale 300 units @ $42.00 Mar. 13 Purchase 220 units @ $18.90 Mar. 18 Purchase 150 units @ $19.00 Mar. 22 Sale 380 units @ $42.00 Mar. 24 Purchase 200 units @ $19.20 Mar. 28 Sale 110 units @ $42.00 Copeland began the month of March with 300 units at a cost of $18.00 each. Required: Calculate cost of goods sold using periodic FIFO: $_ when recording your answer, do not use commas or dollar signs. Using the information presented in #7, above, answer the following: Calculate Ending Inventory using Periodic LIFO $ *when recording your answer, do not use commas or $ signsStep by Step Solution
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