The Reuschel Company began 2018 with inventory of 26,000 units at a cost of $9 per unit During 2018, 66,000 units were purchased for $10 25 each Sales for the year totaled 78,000 units leaving 14,000 units on hand at the end of 2018 Reuschel uses a periodic inventory system and the LIFO inventory cost method Required 1 Calculate cost of goods sold for 2018 2 Calculate the effect of the LIFO on the income Complete this question by entering your answers in the tabs below Required 1 Required 2 Calculate cost of goods sold for 2018 Cost of goods sold The Reuschel Company began 2018 with inventory of 26,000 units at a cost of $9 per unit During 2018, 66,000 units were purchased for $10 25 each Sales for the year totaled 78,000 units leaving 14,000 units on hand at the end of 2018 Reuschel uses a periodic inventory system and the LIFO inventory cost method Required 1 Calculate cost of goods sold for 2018 2 Calculate the effect of the LIFO on the income Complete this question by entering your answers in the tabs below Required 1 Required 2 Calculate the effect of the LIFO on the The effect of the LIFO layer liquidation is to income by

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The Reuschel Company began 2018 with inventory of 26,000 units at a cost of $9 per unit  During 2018, 66,000 units were purchased for $10 25 each  Sales for the year totaled 78,000 units leaving 14,000 units on hand at the end of 2018  Reuschel uses a periodic inventory system and the LIFO inventory cost method  Required  1  Calculate cost of goods sold for 2018 2  Calculate the effect of the LIFO on the income  Complete this question by entering your answers in the tabs below  Required 1 Required 2 Calculate cost of goods sold for 2018  Cost of goods sold The Reuschel Company began 2018 with inventory of 26,000 units at a cost of $9 per unit  During 2018, 66,000 units were purchased for $10 25 each  Sales for the year totaled 78,000 units leaving 14,000 units on hand at the end of 2018  Reuschel uses a periodic inventory system and the LIFO inventory cost method  Required  1  Calculate cost of goods sold for 2018 2  Calculate the effect of the LIFO on the income  Complete this question by entering your answers in the tabs below  Required 1 Required 2 Calculate the effect of the LIFO on the The effect of the LIFO layer liquidation is to income by

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The Reuschel Company began 2018 with inventory of 26,000 units at a cost of $9 per unit. During 2018, 66,000 units were purchased for $10.25

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