Question: Question 92 pts Use the Table below: Date Particulars Units Unit Cost Selling Price July 1 Beginning inventory 100 $10 July 13 Purchases 500 $13

Question 92 pts

Use the Table below:

Date

Particulars

Units

Unit Cost

Selling Price

July 1

Beginning inventory

100

$10

July 13

Purchases

500

$13

July 25

Sold

(200)

$15

July 31

Ending inventory

400

Calculate: Profit Using LIFO method

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