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Question 92 pts Use the Table below: Date Particulars...

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Question

Accounting

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

Answer & Explanation Solved by verified expert
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