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Perpetual Inventory Using LIFO Beginning inventory, purchases, and sales for Item 8 8 - H x are as follows: table [ [ Mar .
Perpetual Inventory Using LIFO
Beginning inventory, purchases, and sales for Item are as follows:
tableMarInventory, units @ $Sale, unitsPurchase, units @ $Sale, units
a Cost of goods sold on Mar.
b Inventory on Mar.
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Check My Work from each layer after each sale.
b The ending inventory is made up of the oldest purchases.
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