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How much is inventory on the balance sheet as of april

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Quan uses a periodic inventory system. The company had the following data for the month of April:

April 1 On hand, 10 units @ $2 each $ 20 19 Purchased 90 units @ $3 each 270 Cost of goods available for sale $290 30 On hand, 20 units, If Quan, Inc. uses the LIFO method, how much is inventory on the balance sheet as of April 30?

Reference no: EM132318393

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