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please provide answer in 45 mint Remaining Time: 1 hour, 02 minutes, 10 seconds. Question Completion Status: A Moving to another question will save this
please provide answer in 45 mint
Remaining Time: 1 hour, 02 minutes, 10 seconds. Question Completion Status: A Moving to another question will save this response. Question 3 Shown below is activity for one of the products of Denver Office Equipment January 1 balance, 500 units @ $55 per unit $27,500 Purchases: January 10: 500 units @ $60 per unit January 20: 1,000 units @ $63 per unit Sales: January 12 800 units January 28: 750 units Required (1) Compute the January 31 cost of goods sold for January, assuming Denver uses LIFO and a perpetual inventory system. Cost of goods sold 2 HELP CENTER maining Time: 1 hour, 01 minute, 49 seconds. aestion Completion Status: (2) Calculate January's ending inventory for the month using average periodic inventory system. (Do not round intermediate calculations. Round your final answers to nearest whole dollar amount.) Ending Inventory (3) Preparing the end of period entry using LIFO, periodic system (You need to indicate Debitor Credit when entering into the Account. You will NOT get any points it you do not indicate Debit Credit) Balance Account Debit Inventory Credit InventoryStep by Step Solution
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