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Using the LIFO inventory method, what is the value of the ending inventory after the June sale? Purchase $ per Total Selling $ Activity Units
Using the LIFO inventory method, what is the value of the ending inventory after the June sale? Purchase $ per Total Selling $ Activity Units unit cost Units per unit Purchased June 1 15 $12 $180 Purchased June 5 10 $13 $130 Purchased June 12 20 $14 $280 Total 45 $590 Sold on June 15 30 $25 $197. $210. $180. $220. $175
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