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q.26 i really need help asap 6 pts Dolph's buys spicy hot dogs in bulk and sells them to street vendors. January inventory transactions are
q.26 i really need help asap
6 pts Dolph's buys spicy hot dogs in bulk and sells them to street vendors. January inventory transactions are as follows: 1/1 - Beginning Inventory 2.300 cases at $10 per case 1/8 - Sales 1.500 cases 1/11 - Purchase 900 cases at $12 per case 1/14 - Sales 1.400 cases 1/21 - Purchase 1,400 cases at $11 per case 1/26 - Sales 1,300 cases Assuming the perpetual LIFO inventory method is used from inception, the amount of Cost of Goods Sold for the 1/14 sale would be which of the following? $14.600 $14.300 $15.200 $15.800Step by Step Solution
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