A company uses the periodic inventory system, and the following information is available. All purchases...
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A company uses the periodic inventory system, and the following information is available. All purchases and sales are on credit. The selling price for the merchandise is $ per unit. Units Unit Cost Total Cost Inventory Balance $ Purchase Purchase Purchase Goods available $ Sale Sale Goods sold Inventory Balance Required: Determine the cost of the ending inventory and the cost of goods sold for June using the LIFO method. Please show work on an excel spreadsheet 
A company uses the periodic inventory system, and the following information is available. All purchases and
sales are on credit. The selling price for the merchandise is $ per unit.
Units Unit Cost Total Cost
Inventory Balance $
Purchase
Purchase
Purchase
Goods available $
Sale
Sale
Goods sold
Inventory Balance
Required:
Determine the cost of the ending inventory and the cost of goods sold for June using the LIFO method. Please show work on an excel spreadsheet
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