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Snow Company has the following inventory transactions for the year: Numbers of Units 200 800 400 Date Transaction Jan. 1 Beginning inventory Apr.20 Purchase Sep.
Snow Company has the following inventory transactions for the year: Numbers of Units 200 800 400 Date Transaction Jan. 1 Beginning inventory Apr.20 Purchase Sep. 8 Purchase Unit Cost $4.00 4.25 4.50 Assuming Snow sells 1,000 units, calculate cost of goods sold under LIFO.
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