Last In First Out please The Bowwood Company sells blankets for...
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Accounting
Last In First Out please 
The Bowwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning wventory on May Cost 520 Date Blankets May 3 Purchase 10 Sale 17 Purchase 20 Sale 23 ale 30 Purchase Units 5 3 10 6 $24 10 330 Ansuring that the company res the perpetual inventory system determine the gross pront for the month of May uning the LIFO cont method 5156 5348 5452
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