Question: Current Attempt in Progress Suppose that Reebok's inventory records show the following data for the month of September: table [ [ , , Units,Unit
Current Attempt in Progress
Suppose that Reebok's inventory records show the following data for the month of September:
tableUnits,Unit CostInventorySeptember $Purchases:September September
A physical inventory on September shows units on hand.
Calculate the value of ending inventory and cost of goods sold if the company uses LIFO inventory costing and a periodic inventory system.
Ending inventory
$
Cost of goods sold
$
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