Date Jan. 2nd Jan. 5th Jan. 10th # of Units Beginning Inv. 60 Purchase 90...
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Date Jan. 2nd Jan. 5th Jan. 10th # of Units Beginning Inv. 60 Purchase 90 Sell Inventory 130 Unit Cost $10 $11 Assuming your company uses LIFO (Last in First out): What is the dollar value of Cost of Goods Sold for the Jan. 10th Sale? $ not include decimals) What is ending inventory in units ? What is the value of ending inventory? $
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