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Oct. 1 Beginning merchandise inventory 8 units @ $45 each 8 Purchase 10 units @ $54 each 15 Purchase 13 units @ $55 each 26
Oct. 1 Beginning merchandise inventory 8 units @ $45 each
8 Purchase 10 units @ $54 each
15 Purchase 13 units @ $55 each
26 Purchase 15 units @ $61 each
LIFO COST
Ending merchandise inventory _______________
Cost of Goods Sold _________________
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