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TB EX Qu. 6-210 (Algo) During 2024, a company sells... During 2024, a company sells 19 units of inventory. The company has the following inventory
TB EX Qu. 6-210 (Algo) During 2024, a company sells... During 2024, a company sells 19 units of inventory. The company has the following inventory purchase transactions for 2024: Number of Unit Total Date Transaction Units Cost Cost January 1 Beginning inventory 17 $53 $901 September 8 Purchase 14 55 770 31 $1,671 Calculate ending inventory and cost of goods sold for 2024 assuming the company uses LIFO. Ending inventory Cost of goods sold
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