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Question 10 10 pts Using the LIFO inventory method, what is the cost of goods sold? Purchase Total Selling $ Activity Units $ per unitcost
Question 10 10 pts Using the LIFO inventory method, what is the cost of goods sold? Purchase Total Selling $ Activity Units $ per unitcost Units per unit Purchased June 1 15 $12 $180 Purchased June 5 10 $13 $130 Purchased June 12 20 $14 $280 Total 45 $590 Sold on June 15 30 $25 $410 $380 $393 $400 $590
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