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A company reports the following beginning inventory and two purchases for the month of January. On...

A company reports the following beginning inventory and two purchases for the month of January. On January 26, the company sells 390 units. Ending inventory at January 31 totals 150 units. Units Unit Cost Beginning inventory on January 1 350 $ 3.40 Purchase on January 9 80 3.60 Purchase on January 25 110 3.70 Required: Assume perpetual LIFO:

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ekkarill92 answered 1 year ago
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