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Noxwood Company sells blankets for $34 each. The following information was taken from the inventory records during May. The company had no beginning inventory
Noxwood Company sells blankets for $34 each. The following information was taken from the inventory records during May. The company had no beginning inventory on May 1. doswood use a perpetual inventory Date Blankets Units Cost May 3 Purchase 539 30 Sale 3 17 Purchase 16 $15 20 Sale 3 23 Sale 2 30 30 Purchase Determine the cast of goods sold for the sale of May 20 using the LIFO inventory costing method 863 OL Od te
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