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Perpetual Inventory using LIFO Perpetuat Inventory Using LIFO Beginning inventory,...

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Accounting

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Perpetuat Inventory Using LIFO Beginning inventory, purchases, and sales dato for portable game players are as follows: The business maintains a perpetual inventory system, costing by the last-in, first-out method. Determine the cost of merchandise sold for osch sate and the inventory babance anter ench sale, presenting the data in the form iliustrated in LIFO, if units are in inventory at two different costs, enter the units with the HiGHeR unit cost first in the Cost of Morchandise Sald Unit Cost co LOWER unit cost first in the Inventory Unit Cost column. Lifo Mothod Portable Game Players

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