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LG reported the LIFO ending inventory of $50m, LIFO costs of goods sold of 145m, and a LIFO reserve of $30m. Compute the FIFO ending
LG reported the LIFO ending inventory of $50m, LIFO costs of goods sold of 145m, and a LIFO reserve of $30m. Compute the FIFO ending inventory and FIFO costs of goods sold.
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Accounting For Inventory
Authors: Steven M. Bragg
4th Edition
1642210714, 9781642210712
