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please help and give correct steps and answers 3. A company just starting business made the following four inventory purchases in June: A physical count
please help and give correct steps and answers
3. A company just starting business made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the average-cost method, what is the value of the cost of goods sold for the month of June. Elly Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: An end of the month (1/31/20) inventory showed that 150 units were on hand. If the company uses LIFO, what is the total cost of goods soldStep by Step Solution
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