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  3. during 2019, a company sells 20 units of inventory

During 2019, a company sells 20 units of inventory. The company has the following inventory...

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Accounting

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During 2019, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2019: Date Jan 1 Sep. 8 Transaction Beginning inventory Purchase Number of Units 15 10 25 Unit Cost $60 62 Total Cost $ 900 620 $1,520 ALONS Calculate ending inventory and cost of goods sold for 2019 assuming the company uses LIFO with a periodic inventory system. During 2019, a company sells 20 units of inventory. The company has the following inventory purchase transactions for 2019: Number of Units Date Transaction Beginning inventory Purchase Unit Cost $60 62 Total Cost $ 900 620 $1,520 Sep. 8 10 Calculate ending inventory and cost of goods sold for 2019 assuming the company uses FIFO with a periodic inventory system BT - Top 10

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