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Question 2 3 pts Wooderson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and
Question 2 3 pts Wooderson Company sells many products. Gizmo is one of its popular items. Below is an analysis of the inventory purchases and sales of Gizmo for the month of March. Wooderson Company uses the perpetual inventory system applying LIFO costing. All purchases are made on terms of 2/10, n 30. Units Unit Cost Units Sold Selling Price/Unit 3/1 Beginning inventory 60 $50 3/3 Purchase 100 $55 3/4 Sale 68 $90 Calculate the balance in the inventory account after the March 4 sale. 12pt Paragraph B 1 v Tv Bav Da 2 3 5 6 W ER Y S D G H Z . B
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