Business, 12.11.2019 21:31, jetblackcap

A. inventory, beginning 300 $ 12 for the year: b. purchase, april 11 900 10 c. purchase, june 1 800 13 d. sale, may 1 (sold for $40 per unit) 300 e. sale, july 3 (sold for $40 per unit) 600 f. operating expenses (excluding income tax expense), $19,500 required: calculate the cost of ending inventory and the cost of goods sold using the fifo and lifo methods.

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A. inventory, beginning 300 $ 12 for the year: b. purchase, april 11 900 10 c. purchase, june 1 800...