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The following information pertains to Julia & Company: March 1 Beginning inventory = 28 units @ $5.10 March 3 Purchased 14 units @ 3.50 March
The following information pertains to Julia & Company: March 1 Beginning inventory = 28 units @ $5.10 March 3 Purchased 14 units @ 3.50 March 9 Sold 26 units @ 8.50 What is the cost of goods sold for Julia & Company assuming it uses LIFO? (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.)
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine, Christopher D. Burnley
8th Canadian Edition
111959457X, 978-1119594574
