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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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