Wasson Company purchased items of inventory as follows: (Marks 2) Dec. 2 80 units @...
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Accounting
Wasson Company purchased items of inventory as follows: (Marks 2)
Dec. 2 80 units @ $20
Dec. 12 42 units @ $21
Wasson sold 50 units on December 20. Determine the cost of goods sold for the month under the LIFO inventory method.
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