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January 1 balance, 5 3 0 units @ $ 5 5 per unit $ 2 9 , 1 5 0 Purchases: January 1 0 :
January balance, units @ $ per unit $
Purchases:
January : units @ $ per unit
January : units @ $ per unit
Sales:
January : units
January : units
Required:
Compute the January ending inventory and cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system.
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