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Lifo and Fifo Compute ending Inventory and cost of goods sold using the following. Sales Purchases June (balance on hand) an June 5 8 15
Lifo and Fifo
Compute ending Inventory and cost of goods sold using the following. Sales Purchases June (balance on hand) an June 5 8 15 2,000 $10:00 1,500 @ 10.05 600 10.50 900 @ 11.00 1 200 11.00 300 11.10 6,500 18 30 500 $2200 26000 22.00 700 @ 22. X 800.22200 700 @ 23.00 5.300 20 27 Step by Step Solution
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