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Required information [ The following information applies to the questions displayed below. ] The following are the transactions for the month of July. Required: a

Required information
[The following information applies to the questions displayed below.]
The following are the transactions for the month of July.
Required:
a. Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used.
b. Calculate sales, cost of goods sold, and gross profit, under LIFO. Assume a periodic inventory system is used.
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Required A
Calculate cost of goods available for sale and ending inventory under LIFO. Assume a periodic inventory system is used.
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