Question: please solve Using the LIFO inventory method, what is the cost of goods sold? Date Source Units Purchased Cost Per Unit Total Cost $48 $42,000

please solve Using the LIFO inventory method, what is the cost

please solve

Using the LIFO inventory method, what is the cost of goods sold? Date Source Units Purchased Cost Per Unit Total Cost $48 $42,000 $46 Beginning 1/1/2011 875 Inventory 2/1/2011 Purchase 630 3/1/2011 Purchase 940 Total Goods Available for Sale 2,445 Units sold 1825 $52 $28,980 $48,880 $119,860 $75 $89,466 $87,620 $90.100 $77.860

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