Using the LIFO inventory method, what is the cost of goods sold? Purchase $ per Date...

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Using the LIFO inventory method, what is the cost of goods sold? Purchase $ per Date Activity Units unit Beginning 1-Jan balance 10-Jan Purchased 630 $46 13-Feb Purchased 940 $52 Cost of goods available for sale Units available for sale 15-Feb Sold O $77,860 875 $48 $90,100 $87,620 $89,466 Total cost $42,000 $28,980 $48,880 $119,860 2.445 Selling $ per Unitsunit 1,825$75 Using the LIFO inventory method, what is the cost of goods sold? Purchase $ per Date Activity Units unit Beginning 1-Jan balance 10-Jan Purchased 630 $46 13-Feb Purchased 940 $52 Cost of goods available for sale Units available for sale 15-Feb Sold O $77,860 875 $48 $90,100 $87,620 $89,466 Total cost $42,000 $28,980 $48,880 $119,860 2.445 Selling $ per Unitsunit 1,825$75

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Using the LIFO LastIn FirstOut inventory method the cost of goods sold is calcula... View the full answer