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please I need answer ASAP! The Boxwood Company sells blankets for $33 each. The following was taken from the inventory records during may. The company
please I need answer ASAP!
The Boxwood Company sells blankets for $33 each. The following was taken from the inventory records during may. The company had no beginning inventory on May 1. Blankets Cost Date Units May 3 Purchase $14 10 Sale 85 3 4 17 Purchase 12 $18 20 Sale 23 Sale 2 80 Purchase 10 $22 Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the sale of May 20 using the LIFO inventory cost method. Oa. $36 $70 Oc. $220 Od. $72Step by Step Solution
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