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Question 4 The following data has been provided by Lee Company regarding its invertory purchases and sales throughout the year. cost per Units Transaction Unit
Question 4 The following data has been provided by Lee Company regarding its invertory purchases and sales throughout the year. cost per Units Transaction Unit 1-Jan Balance 1751 586 14-Mar Sale SS 13-May Purchase 135 90 121-Aug Sale 100 S.Nov Purchase 1781 91 18 Nov Sale 100 30-Nov Sale 100 5-Dec 100 Sale 10-Dec 28 99 Purchase Required: Compute the cost of goods sold and ending inventory using the perpetual inventory system for the FIFO cost flow assumption far the toolbar, Dress ALT F10 (PC) or ALTEN F10 (Mac
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