Solution-How do you get the cost of goods sold and ending

How do you get the cost of goods sold and ending inventory

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June 1	Balance	299 units @ $13	June 10	Sold	198 units @ $32
11	Purchased	804 units @ $16	15	Sold	495 units @ $33
20	Purchased	500 units @ $17	27	Sold	305 units @ $36

Using the period inventory method. How do you get the cost of goods sold and ending inventory?

Assuming the perpetual inventory method is used and costs are computed at time of each withdrawal, what is the value of ending inventory at LIFO?

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How do you get the cost of goods sold and ending inventory

Reference no: EM131748277

Reference no: EM131748277

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