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S Given the following: January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased 40 60 50 55 205 Cost of goods sold . Cost per unit $4 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 61 units). 7 8 9 < Prev b. Calculate the cost of goods sold using the LIFO (ending inventory shows 61 units). 4 of 10 Total # $ 160 420 400 495 $ 1,475 JUL 30 Next A

S Given the following: January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased 40 60 50 55 205 Cost of goods sold . Cost per unit $4 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 61 units). 7 8 9 < Prev b. Calculate the cost of goods sold using the LIFO (ending inventory shows 61 units). 4 of 10 Total # $ 160 420 400 495 $ 1,475 JUL 30 Next A

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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S Given the following: January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased 40 60 50 55 205 Cost of goods sold Cost per unit $ 4 7 8 9 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 61 units). < Prev b. Calculate the cost of goods sold using the LIFO (ending inventory shows 61 units). 4 of 10 Total # $ 160 420 400 495 $ 1,475 JUL 30 Next A
Transcribed Image Text:S Given the following: January 1 inventory April 1 June 1 November 1 Cost of ending inventory Number purchased 40 60 50 55 205 Cost of goods sold Cost per unit $ 4 7 8 9 a. Calculate the cost of ending inventory using the LIFO (ending inventory shows 61 units). < Prev b. Calculate the cost of goods sold using the LIFO (ending inventory shows 61 units). 4 of 10 Total # $ 160 420 400 495 $ 1,475 JUL 30 Next A
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