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Question 6 Not complete. Marked out of 16.67 Date Inventory Costing Methods and the Periodic Method Lamb Company experienced the following events in January: Units
Question 6 Not complete. Marked out of 16.67 Date Inventory Costing Methods and the Periodic Method Lamb Company experienced the following events in January: Units Unit Cost Total Cost 100 @ $1,400 200 @ $3,200 150 Jan. 10 Purchased inventory Jan. 20 Purchased inventory $14 16 Jan. 30 Sold inventory If the Lamb Company uses the FIFO inventory costing method, calculate the company's cost of goods sold and its ending inventory as of January 31 assuming the periodic method. Event Cost of goods sold $ Ending inventory $ Check 0 0 P Flag question
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