Perpetual inventory using LIFO Beginning inventory, purchases, and sales for 1 tem 884X are as...
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Perpetual inventory using LIFO Beginning inventory, purchases, and sales for 1 tem 884X are as follows: Assuming a perpetual inventory system and using the last-in, first-out (UFO) method, determine (a) the cost of goods sold on July 27 and (b) the inventory on July 31. a. Cost of goods sold on July 27 b. Inventory on July 31
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