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Complete the inventory table using the LIFO method

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Reference no: EM132968703

Question - Beginning inventory, purchases, and sales data for widgets are as follows:

Jul. 1 Inventory 15 units @ $30

Jul. 5 Purchase 12 units @ $27

Jul. 13 Sale 18 units @ $45

Jul. 18 Purchase 7 units @ $25

Jul. 26 Sale 10 units @ $52

Required - Complete the inventory table using the LIFO method.

Reference no: EM132968703

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