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36) A company's inventory records indicate the following data for the month of January Date Activities Units Acquired at
Posted: Mon Mar 21, 2022 4:19 pm
by answerhappygod
- 36 A Company S Inventory Records Indicate The Following Data For The Month Of January Date Activities Units Acquired At 1 (30.99 KiB) Viewed 47 times
36) A
company's inventory records indicate the following data for the month of January Date Activities Units Acquired at Cost Units Sold at Retail January 1 Beginning inventory January 5 Purchase 180 units @ $9 = $1,620 170 units @ $10 = $1,700 January 9 Sale 300 units @ $35 January 14 Purchase 200 units @ $11 = $2,200 January 20 Sale 150 units @ $35 January 30 Purchase 230 units @ $12 = $2,760 If the
company uses the LIFO perpetual inventory system, what is the amount of cost of goods sold for January?