Question: Company CDE using the LIFO method reports the following: 2018 2019 $50,800 $48,500 Cost of goods sold Ending inventories LIFO reserve $10,550 $10,000 $4,320 $2,600

Company CDE using the LIFO method reports the following: 2018 2019

Company CDE using the LIFO method reports the following: 2018 2019 $50,800 $48,500 Cost of goods sold Ending inventories LIFO reserve $10,550 $10,000 $4,320 $2,600 Cost of goods sold for 2018 under the FIFO method is $

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