Question: Use the last-in, first-out method to find the cost of goods sold and the cost of ending inventory using the table from Exercise 1 and

Use the last-in, first-out method to find the cost of goods sold and the cost of ending inventory using the table from Exercise 1 and the fact that the ending inventory is 200 units.
In Exercise 1

Units Cost per Total Beginning inventory 182 78 39 52 Cost of goods available for sale Date of purchase purchased unit $21 $27 $28 $21 August 20 September 12 October 2

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