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[ The following information applies to the questions displayed below. ] In its first month of operations, Literacy for the Illiterate opened a new bookstore
The following information applies to the questions displayed below.
In its first month of operations, Literacy for the Illiterate opened a new bookstore and bought merchandise in the following order: units at $ on January units at $ on January and units at $ on January
Assuming units are on hand at the end of the month, calculate the cost of goods available for sale, ending inventory, and cost of goods sold under LIFO. Assume a periodic inventory system is used. Round "Cost per Unit" to decimal places.
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