Solution-How much would cost of goods sold be

How much would cost of goods sold be

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Problem 1: Paula owns a company that distributes products to coffee shops. This is her second year of operations. At the beginning of the year, she had 120 pounds of coffee that cost $15 each. She purchased 200 pounds of coffee during the year, but the cost increased to $20. At the end of the year she had 130 pounds left. How much would cost of goods sold be if she used LIFO inventory method?

Reference no: EM132622608

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How much would cost of goods sold be : Paula owns a company, At the end of the year she had 130 pounds left. How much would cost of goods sold be if she used LIFO inventory method?

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How much would cost of goods sold be

Reference no: EM132622608

Reference no: EM132622608

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