Question: using LIFO can you also please show the math thanks Problem 6-1B (Algo) Calculate ending inventory and cost of goods sold for four inventory methods
Problem 6-1B (Algo) Calculate ending inventory and cost of goods sold for four inventory methods (LO63) [The following information applies to the questions displayed below.] Eddy's Fishing Hole has the following transactions related to its top-selling Shimano fishing reel for the month of June. Eddy's Fishing Hole uses a periodic inventory system. Problem 6-1B (Algo) Part 3 3. Using LIFO, calculate ending inventory and cost of goods sold at June 30
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