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Item Quantity Cost per Unit ($) Product A 300 8 Product B 250 10 Product C 200 12 Calculate the cost of goods sold using
Item | Quantity | Cost per Unit ($) |
Product A | 300 | 8 |
Product B | 250 | 10 |
Product C | 200 | 12 |
Calculate the cost of goods sold using the Last-In-First-Out (LIFO) method.
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
