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Marigold has the following inventory data: July 1 Beginning inventory 23 units at $4.70 5 Purchases 94 units at $5.10 14 Sale 62 units 21
Marigold has the following inventory data:
| July 1 | Beginning inventory | 23 units at $4.70 | ||
| 5 | Purchases | 94 units at $5.10 | ||
| 14 | Sale | 62 units | ||
| 21 | Purchases | 47 units at $5.60 | ||
| 30 | Sale | 44 units |
Assuming that a perpetual inventory system is used, what is the cost of goods sold on a LIFO basis for July?
$427.70
$562.60
$288.10
$850.70
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The Corporate Ethics Audit As A New Tool For Management By Values Case Betapharm Arzneimittel GmbH Augsburg
Authors: Teresa Beste
1st Edition
3639000234, 978-3639000238
