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UsinUsing LIFO, calculate ending inventory and cost of goods sold at March 31, 2015.g the...

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Accounting

imageUsinUsing LIFO, calculate ending inventory and cost of goods sold at March 31, 2015.g the LIFO method

Cost per Date Transactions March 1 Beginning inventory March 5 Sale ($220 each) March 9 Purchase March 17 Sale ($270 each) March 22 Purchase March 27 Sale ($295 each) March 30 Purchase Units 20 15 10 10 12 Unit Total Cost $160 3,200 1,800 180 190 1,900 210 1,680 8,580

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