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please I need answer ASAP! The Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company
please I need answer ASAP!
The Boxwood Company sells blankets for $40 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1, Date Blankets Units Cost May 3 Purchase 8 $17 10 Sale 3 17 Purchase 16 $16 20 Sale 5 23 Sale 2 30 Purchase 11 $21 Assuming that the company uses the perpetual inventory system, determine the ending inventory for the month of May using the LIFO inventory cost method. Oa. $504 Ob. $163 O c. $623 Od. $460Step by Step Solution
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