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Pink Company has beginning inventory of 24 units at a cost of $12.00 each on May 1. On June 5, it purchases 15 units at
Pink Company has beginning inventory of 24 units at a cost of $12.00 each on May 1. On June 5, it purchases 15 units at $14.00 per unit. On June 12 it purchases 18 units at $16.00 per unit. On June 15, it sells 33 units for $32 each. Using the LIFO perpetual inventory method, what is the value of the inventory on June 15 after the sale? s Question 6 1 pts Red Company has beginning inventory of 23 units at a cost of $12.00 each on May 1. On May 5, it purchases 17 units at $14.00 per unit. On May 12 it purchases 25 units at $16.00 per unit. On May 15, it sells 44 units for $32 each. Using the FIFO perpetual inventory method, what is the value of the inventory on May 15 after the sale
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