Compute the ending LIFO inventory and cost of goods sold

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Reference no: EM131960662

Use the format in Exhibit 9-1 to compute the ending LIFO inventory and cost of goods sold assuming: $600,000 in sales Beginning inventory 1125 units @ $175 Purchases of 890 units @ $150 450 units @ $165 200 units @ $140 Ending inventory 845 units What is the dollar value of the ending inventory. What is the cost of goods sold?What is cost of goods sold percentage of sales?

Reference no: EM131960662

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