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Waterway has the following inventory information. July 1 Beginning Inventory 26 units at $94 5 Purchases 118 units at $93 14 Sale 81 units 21
Waterway has the following inventory information.
| July | 1 | Beginning Inventory | 26 units at $94 | |
| 5 | Purchases | 118 units at $93 | ||
| 14 | Sale | 81 units | ||
| 21 | Purchases | 63 units at $91 | ||
| 30 | Sale | 60 units |
Assuming that a perpetual inventory system is used, what is the ending inventory on a LIFO basis?
$6195
$6158
$6152
$6006
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Managerial Accounting For Decision Making
Authors: Seohee Park
1st Edition
B08HCQCN2G
