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Suppose that Reebok's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1 90 $2.90 Purchases: September 8

image text in transcribed Suppose that Reebok's inventory records show the following data for the month of September: Units Unit Cost Inventory, September 1 90 $2.90 Purchases: September 8 440 3.60 September 18 310 3.90 A physical inventory on September 30 shows 140 units on hand. Calculate the value of ending inventory and cost of goods sold if the company uses LIFO inventory costing and system. Ending inventory $ Cost of goods sold $ eTextbook and Media Save for Later Attempts: 0 of 2 u

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