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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning inventory 450 $ 2.19 Apr. 20 Purchase
Inventory records for Dunbar Incorporated revealed the following:
| Date | Transaction | Number of Units | Unit Cost | |||||
| Apr. | 1 | Beginning inventory | 450 | $ | 2.19 | |||
| Apr. | 20 | Purchase | 430 | 2.62 | ||||
Dunbar sold 560 units of inventory during the month. Ending inventory assuming LIFO would be:
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Introduction To Data Analytics For Accounting
Authors: Vernon Richardson, Katie Terrell, Ryan Teeter
1st Edition
126406828X, 978-1264068289
