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June 1st. Inventory 10 $3 $30 June 5th: Purchase 12 $5 $60 June 15th: Purchase 25 $7 $175 June 21st: Purchase 13 $10 $130 June
June 1st. Inventory | 10 | $3 | $30 | ||
June 5th: Purchase | 12 | $5 | $60 | ||
June 15th: Purchase | 25 | $7 | $175 | ||
June 21st: Purchase | 13 | $10 | $130 | ||
June 30th: Inventory | 25 | $395 | |||
What is the $ Amount for Cost of Goods Sold using | |||||
the LIFO cost flow assumption? |
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